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Pleasanton/Tri-Valley Office Market Research Report Q4 2022

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A Journey to Recovery

MR_PLS_Q4_2022_OFCThe Tri-Valley office market continues to recover from the disruption caused by the pandemic. As companies slowly make their way back to the office, vacancies across all classes witnessed little to no improvement, reporting an overall 14.4 percent vacancy by the end of the fourth quarter. Overall average asking rates inched upward 4.3 percent year-to-year driven by the influx of flex available space offered at premium rates.

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Pleasanton/Tri-Valley Office Market Research Report Q4 2022

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Related Experts

Lisa Kohler

Senior Research Analyst

Pleasanton

Lisa is a member of the highly acclaimed Pleasanton Administrative team. 

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Michael Carrigg

Executive Managing Director & SVP

Pleasanton

Mike has been with Colliers since 2001. His focus is on representing both corporate tenants and institutional landlords in the East Bay with their local and national real estate needs. He acts as a single point of contact, assisting his clients with acquisitions, dispositions, lease negotiations, financial analysis, market analysis, lease administration and portfolio strategy. 

Mike has negotiated over 1,000 separate lease and/or sale transactions totaling in excess of $250,000,000 total transaction value. His vast experience in the market and the relationships he has developed give Mike first-hand knowledge to smoothly guide a client through the transaction process – from market analysis and economics to the eventual lease or sale negotiation. 

Mike is extremely committed to fostering relationships with his clients, as evidenced by the high level of service he provides before, during and well beyond any transaction. He is a man of high integrity and is a fun person to work with. 

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