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Office Users Set To Benefit from Rising Space Availability in Silicon Valley

Leasing Opportunities Enhanced by Newly Built Office Space, Increasing Sublease Availability
Meta recently made Facebook’s Building 61 at 100 Independence Drive in Menlo Park available for sublease. (CoStar)<br>
Meta recently made Facebook’s Building 61 at 100 Independence Drive in Menlo Park available for sublease. (CoStar)
CoStar Analytics
March 13, 2023 | 3:21 P.M.

While businesses in Silicon Valley and San Francisco may be a bit jittery about expansion plans after the collapse of Silicon Valley Bank, those that are in growth-mode will find plenty of available options as both office markets are set to see an uptick in available space as high-quality, newly constructed buildings reach completion and firms place more sublease space on the market.

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