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2022 Q2 San Jose-Silicon Valley Market Research Report

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By Steffen Kammerer

Silicon Valley Commercial Property Markets on Solid Ground

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Midway through 2022, the economy is facing headwinds amidst rising inflation, interest rate hikes, and hiring slowdowns. However, with an unemployment rate of 1.9 percent, Silicon Valley’s economy continues to outperform the national average. Focusing on local commercial property trends, the office and R&D property markets continue to see positive net absorption while the industrial market saw its first vacancy rate increase since Q1 2021.

 

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2022 Q2 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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