Skip to main content Skip to footer

2021 Q1 San Jose-Silicon Valley Market Research Report

Download Report
alt=""

Light at the end of the tunnel

MR_SJC_21Q1_ALL_175x227

Silicon Valley absorption remained negative in the first quarter of 2021. However, occupancy losses were the lowest since the start of the pandemic, down roughly 170,000 square feet across all product types. Gross absorption tallied 3.8 million square feet, however, preleased new deliveries accounted for 38.5 percent of quarterly deal volume.

 

Would you like to have future reports delivered directly to your inbox? Sign-up to this and other regional e-mail delivery lists.

Subscribe Here


alt=""

2021 Q1 San Jose-Silicon Valley Market Research Report

Download Report
Related Experts

Steffen Kammerer

Regional Managing Director, Bay Area

Silicon Valley

Steffen Kammerer joined Colliers as the Silicon Valley Executive Managing Director in 2021 after a successful career in tenant representation at JLL. Based in San Jose and living on the Peninsula, Steffen has a unique understanding of the market and what it takes to be successful in the Bay Area. Steffen's approach to business is similar to life - people first. With the opportunity to further differentiate Colliers by being a be servant-based leader, Steffen was quick to recognize the value he could bring to the company. In his new role, Steffen is responsible for the strategic direction and performance of Colliers Silicon Valley, including leadership of Agency Leasing and Occupier Services.

After growing up in the Bay Area and marrying his high-school sweetheart, Steffen and his wife, Danielle have two beautiful, energetic boys that keep their hearts and schedules full outside of the office. With a focus on chasing joy in life and supporting those around him, Steffen’s leadership in the Bay Area is bound to take Colliers to the next level.

View expert