One in five Silicon Valley office buildings is vacant
sfstandard.com
One in five Silicon Valley office buildings is vacant
1–10 of 38 posts
Re: One in five Silicon Valley office buildings is vacant
#2Why when I go to the actual report does it say the vacancy rate is 6.7%? [1]
[1] https://www.colliers.com/download-article?itemId=4056e99d-17...
Re: One in five Silicon Valley office buildings is vacant
#3Why when I go to the actual report does it say the vacancy rate is 6.7%? [1] [1] https://www.colliers.com/download-article?itemId=4056e99d-17...
"The office market measured negative 1.8 million square feet
in net absorption, with the vacancy rate increasing 200 basis
points year-over-year to 12.5% while average asking rents
recorded $5.37 per square foot Full Service."
Looks like something around the definition of availability versus vacancy rate?
If I'm trying to sublease my officespace, is it vacant if i'm still paying my lease?
Re: One in five Silicon Valley office buildings is vacant
#4Why when I go to the actual report does it say the vacancy rate is 6.7%? [1] [1] https://www.colliers.com/download-article?itemId=4056e99d-17...
"The office market measured negative 1.8 million square feet in net absorption, with the vacancy rate increasing 200 basis points year-over-year to 12.5% while average asking rents recorded $5.37 per square foot Full Service." Looks like something around the definition of availability versus vacancy rate? If I'm trying to sublease my officespace, is it vacant if i'm still paying my lease?
But I still don't know where 20% comes from.......
Re: One in five Silicon Valley office buildings is vacant
#5Earlier quoted context omitted.
"The office market measured negative 1.8 million square feet in net absorption, with the vacancy rate increasing 200 basis points year-over-year to 12.5% while average asking rents recorded $5.37 per square foot Full Service." Looks like something around the definition of availability versus vacancy rate? If I'm trying to sublease my officespace, is it vacant if i'm still paying my lease?
But I still don't know where 20% comes from.......
They got that from the availability rate, not the vacancy rate. You can see the percentages they list in the article for each town correspond roughly to the "R&D Availability Rates Select Silicon Valley Cities" figure on Page 5
Re: One in five Silicon Valley office buildings is vacant
#6[dead]
Re: One in five Silicon Valley office buildings is vacant
#7Earlier quoted context omitted.
But I still don't know where 20% comes from.......
They got that from the availability rate, not the vacancy rate. You can see the percentages they list in the article for each town correspond roughly to the "R&D Availability Rates Select Silicon Valley Cities" figure on Page 5
But the overall rate across all cities is not 20% but much lower. So the title is inaccurate even if it’s true in select cities.
Re: One in five Silicon Valley office buildings is vacant
#8[dead]
Re: One in five Silicon Valley office buildings is vacant
#9Good lol
Re: One in five Silicon Valley office buildings is vacant
#10Earlier quoted context omitted.
But I still don't know where 20% comes from.......
They got that from the availability rate, not the vacancy rate. You can see the percentages they list in the article for each town correspond roughly to the "R&D Availability Rates Select Silicon Valley Cities" figure on Page 5
The availability rate sounds like it should be some fraction of the vacancy rate, not the other way around.