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2022 Q1 San Jose-Silicon Valley Market Research Report

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By Steffen Kammerer

The Great Return

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Silicon Valley’s commercial real estate market expanded by 1.7 million square feet in the first quarter of 2022 as confidence rolled over into the new year. Leasing activity was robust with more than 6.0 million square feet of gross absorption, up 60.0% compared to Q1 2021. Overall market vacancy fell for the third consecutive quarter and stands at 6.4 percent, down 50 basis points year-on-year.

 

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2022 Q1 San Jose-Silicon Valley Market Research Report

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Steffen Kammerer | Colliers | Silicon Valley

Steffen Kammerer

Regional Managing Director, Bay Area

Silicon Valley

+1 408 282 3801
Email

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.

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