Signs of Stabilization in South Bay Office Market Despite Persistent Vacancies

Tuesday, 26 March 2024, 19:35

The office market in Silicon Valley's South Bay exhibited signs of stabilization in the first quarter of 2024. A significant sublease agreement between two prominent tech companies contributed to this trend, but vacancies continue to pose challenges.
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Signs of Stabilization in South Bay Office Market Despite Persistent Vacancies

Silicon Valley Office Market Stabilizes

The office market in the South Bay showed signs of stabilizing in a big way during the first three months of 2024, buoyed by a major sublease deal involving two Silicon Valley tech titans.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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