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Q2 2024: Analyzing Negative Absorption in the Silicon Valley Industrial Market
Are Shifting Market Trends Cause for Landlord Concern? The Silicon Valley submarket is comprised of Santa Clara County, including communities of Milpitas, San Jose, Morgan Hill, and Gilroy. The industrial market showed mixed performance in Q2 2024. While demand for high-quality logistics and warehouse space remains, new deliveries in South Santa Clara County have pushed…
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Q1 2024 Fremont Industrial Market Overview
The Fremont industrial market remains a critical hub within the East Bay and gateway to Silicon Valley. Characterized by its large flex inventory, proximity to Silicon Valley, and concentration of logistics and advanced manufacturing users. While demand has softened compared to recent years, the submarket continues to outperform in rent growth relative to the broader…
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Bay Area Industrial Market Report 1Q24
The Bay Area industrial market, including the submarket stretching the East Bay I-880 corridor from Richmond to Hayward, continues to experience a tick up as new deals have slowed and the large pipeline of new construction comes online. Renewals lead the way in terms of the largest transactions this quarter, meanwhile lease rates hold steady.…
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