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As layoffs continue, San Jose's office market recovery halts

The market in California's Silicon Valley has yet to see San Francisco’s improved performance
CoStar Analytics
September 26, 2024 | 4:19 P.M.

Office leasing in San Jose, California, continues to trend downwards, leaving the number of new leases signed in the past year at its lowest since 2021. In nearby San Francisco, however, office leasing has increased steadily.

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