The Struggle Continues for Silicon Valley Office Leasing Amid Tech Sector Correction and Hybrid Work Trends

In the second quarter of 2024, the Silicon Valley office market is still grappling with low leasing activity, largely influenced by a tech sector correction and the persistence of hybrid work models. The total availability rate in the market increased by another 110 basis points from the previous quarter, reaching 28.7 percent, according to a […]