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RECENT NEWS / Q1 2018 UPDATE




San Francisco
OFFICE MARKET OVERVIEW
  Q1 Stats One Quarter
Change

One Year
Change
Vacancy 5.2% 0.7% 1.0%
Asking Rate $76.50
$3.37 $5.84

LARGEST DEALS COMPLETED IN Q1
  Tenant Address
Size (SF)
WeWork 400 California Street 251,000
Federal Home Loan Bank 333 Bush Street 200,000
Stitch Fix 1 Montgomery Street 134,021
 Covington & Burling 415 Mission Street 78,414
 New Relic 188 Spear Street 73,631
Palo Alto
OFFICE MARKET OVERVIEW
  Q1 Stats One Quarter
Change

One Year
Change
Vacancy 7.80% 0.14% 1.20%
Asking Rate (NNN) $6.20
$0.08 $0.53

LARGEST DEALS COMPLETED IN Q1
  Tenant Address
Size (SF)
Orbital Insights Inc. 2 Palo Alto Square 40,827
Baker MacKenzie 600 Hansen Way 26,749
Mercari, Inc. 1530 Page Mill Road 22,392
Ascendis Pharma, Inc. 500 Emerson Street 12, 637


Mountain View
OFFICE MARKET OVERVIEW
  Q1 Stats One Quarter
Change

One Year
Change
Vacancy 4.96% 0.52% 6.26%
Asking Rate $7.02 $0.21 $0.19

LARGEST DEALS COMPLETED IN Q1
  Tenant Address
Size (SF)
Alexa Pharmaceuticals, Inc. 2091 Stierlin Court 65,005
JUUL Labs 420 N. Bernardo Avenue 32,856
Panasonic Company 205 Ravendale Drive 31,062
Boston Consulting Group, Inc. 444 Castro 19,534
Hacker Rank 700 E. El Camino 16,918

 


San Jose
OFFICE MARKET OVERVIEW
  Q1 Stats One Quarter
Change

One Year
Change
Vacancy 16.98% 1.89% 3.92%
Asking Rate $3.84 $0.00 $0.28

LARGEST DEALS COMPLETED IN Q1
  Tenant Address
Size (SF)
Hewlett Packard 6280 America Center Drive 228,725
County of Santa Clara 353 W. Julian Street 204,000
8*8, Inc. 1125 Coleman Avenue 162,557
Invensense 1745 Technology Drive 138,942
Calix, Inc. 2777 Orchard Parkway 64,991

San Mateo
OFFICE MARKET OVERVIEW
  Q1 Stats One Quarter
Change

One Year
Change
Vacancy 15.75% 0.71% 2.74%
Asking Rate $4.59 $0.01 $0.14

LARGEST DEALS COMPLETED IN Q1
  Tenant Address
Size (SF)
Gidewire Software, Inc. 2850 Delaware Street 179,496
GSV Labs 2955 Campus Drive 48,484
NetSpend, Inc. 1825 S. Grant Street 18,200
Tipalti, Inc. 1810 Gateway Drive 12,455

 

 

 

MARKET REPORTS
Click Links Below to Download Report

1st Quarter 2018 REPORTS:

1st Quarter 2018 - North Peninsula Report

1st Quarter 2018 - San Francisco Report

1st Quarter 2018 - Silicon Valley Report

1st Quarter 2018 - South Peninsula Report

 

 

 

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