Investor confidence provides comfort while leasing activity slows
- Investor activity stood strong in Q1 2020 as the top three investment sales totaled over 1.1 million sq. ft.
- The Silicon Valley R&D market experienced 403,764 sq. ft. of negative net absorption in Q1 2020. Nine sublease spaces became vacant during the quarter adding 435,881 sq. ft. of vacant sublease space to the market.