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Silicon Valley Q2 2024 Office Report
"Office leasing activity remains low as tech sector correction and hybrid work continues "
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.
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"Office leasing activity remains low as tech sector correction and hybrid work continues "
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"Government sector dominates Q2 2024 leasing activity as overall volume increases "


"We are pleased to share with you our new report entitled, The long road to equilibrium: office conversions and “functional obsolescence”. In it answers the question as to what would be the “true availability rate” if we were to exclude buildings from our existing office inventory that are either conversion candidates or currently obsolete and had little to no leasing activity since the start of the pandemic. "
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"We are pleased to release State of the U.S. Life Sciences Market report, which includes an overview of activity across the sector, including funding, policy changes and their effects, talent growth, and more."
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"Legal sector leasing activity started the year strong in Q1 2024, recording a 47.6% increase in the number of transactions compared to Q1 2023."


"Global diversification of supply has not diminished the importance of branded residences across the Americas"


"The office market at the start of 2024 remains sluggish as office space demand continues to be largely expiration-driven and below pre-pandemic levels"
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"Bioversity, MassBio's workforce training program, opened its 4,000 square foot (sf) facility in Dorchester to house new training programs to prepare residents for careers in the local life sciences industry."
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"A 10,576 square foot (sf) life sciences incubator is opening at 20400 Century Blvd in Germantown where office and lab space will be available for use."
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"NexCore Group opens a 33,700 square foot (sf) life sciences building, HATCHspaces, at 2880 Wilderness Place in Boulder."