Silicon Valley Industrial Market Report Q1 2026

Silicon Valley's industrial market in first quarter 2026 experienced total leasing activity of 2.0 million square feet, down 7.6% quarter-over-quarter and 9.9% year-over-year but remaining 12.1% above its five-year average, with industrial vacancy rising to 7.4% due to new deliveries including 174.7K SF in Sunnyvale and negative net absorption of 524.2K SF. The region's economy outperformed national trends, with the San Jose–Sunnyvale–Santa Clara MSA unemployment rate falling to 4.0% in January 2026 and nonfarm payroll employment growing 0.7% year-over-year, while industrial-using sectors led growth with Mining and Construction expanding 6.0% and warehouse leasing accounting for 57.2% of total activity anchored by a 267.1K SF Tesla Motors lease in Fremont.

Orlando Industrial Market Dynamics Q1 2026

Orange County Office Market Report Q1 2026

Orange County's office market totaled 1.3 million square feet in leasing activity during Q1 2026, with most deals in the 20,000 square feet range and activity concentrated in the Airport Area and Irvine Spectrum submarkets, representing leasing volumes aligned with historical first quarter averages of 1.0 to 1.3 million square feet over the prior three years. Tenant demand showed signs of stabilization as occupiers moved beyond a wait-and-see approach, with Irvine's return-to-office activity reaching a 70% recovery rate as of January 2026.

Sacramento Office Figures Q1 2026

San Antonio Office Figures Q1 2026

Silicon Valley Industrial Market Dynamics Q1 2026

Silicon Valley Industrial Figures Q1 2026

Sacramento Multifamily Market Report Q1 2026

Silicon Valley Office Figures Q1 2026

San Antonio Retail Q1 2026 Quarterly Market Report

San Antonio's retail market maintained a 4.2% vacancy rate in Q1 2026, with positive net absorption of 337,549 square feet (down 14.8% quarterly but up 15.5% annually) and average rental rates of $19.45 per square foot NNN (up 0.4% quarterly but down 3.5% year-over-year). Leasing activity totaled 556,633 square feet, deliveries reached 390,389 square feet, and investment sales volume declined sharply to $244 million over the trailing twelve months with an average cap rate of 7.2%.

Inland Empire Multifamily Market Report 4Q 2025

This Kidder Mathews report analyzes the Inland Empire multifamily market in fourth quarter 2025, presenting rental rates by unit size (studio to 3-bedroom ranging from $1,379 to $2,255 monthly), transaction data, and construction activity across the region. Key findings show vacancy increased 40 basis points year-over-year to 6.3%, average asking rents rose 1% to $1,937 per unit monthly, average sales price per unit declined 7.8% to $214,901, and cap rates increased 40 basis points to 5.9%, while construction deliveries for the year totaled 5,575 square feet, up 14% from 2024.

Inland Empire Office Market Report 4Q 2025

The Inland Empire office market in 4Q 2025 showed a vacancy rate of 5.0%, down 15.25% year-over-year, with average asking rents at $2.04 per square foot monthly and average sales prices of $149.74 per square foot. Significant transactions included The Grove Business Park selling for $12.3 million and Victoria Commons for $12 million, while approximately 197,774 square feet remained under construction with expected deliveries through April 2026.

San Jose-Silicon Valley Office Market Research Report Q4 2025

Inland Empire Industrial Market Report 4Q 2025

The Inland Empire industrial market experienced a cooling phase in Q4 2025, with direct vacancy rising to 7.2%, total availability reaching 12.7%, and average asking rents stabilizing at $1.00 per square foot on a triple net basis, while leasing activity totaled 5.7 million square feet with net absorption of 1.7 million square feet. Market trends indicate continued demand from major distributors and e-commerce companies for modern, high-clear facilities near ports and rail connections, though subleases representing roughly 20% of available space are moderating rents through improvement allowances and rent-free periods, with forecasts suggesting market stabilization and improvement in 2026 as new construction completions remain below historical norms.

Silicon Valley Office Market Report Q4 2025

Silicon Valley's office market recorded 1.5 million square feet of leasing activity in Q4 2025, declining from 2.3 million square feet in Q3 2025 due to a concentration of major tech deals in the prior quarter, though full-year 2025 leasing volume reached 7.0 million square feet, the highest post-pandemic level and a 26 percent increase from 2024. Future leasing momentum is expected to improve based on expansion plans from AI and tech tenants, including OpenAI's reported search for approximately 500,000 square feet in Mountain View.

San Antonio Office Q4 2025 Quarterly Market Report

San Antonio's office market recorded positive net absorption of 583,611 square feet in Q4 2025, with leasing activity up 34.4% quarterly and vacancy declining 90 basis points to 16.9%, while average full-service asking rents reached $27.94 per square foot, up 14.6% annually. The construction pipeline shrank 49% to 116,000 square feet under construction, deliveries increased 132% to 111,400 square feet, and cumulative 12-month investment sales volume totaled $71.2 million across 43 office property transactions.

San Jose-Silicon Valley R&D Market Research Report Q4 2025

San Jose-Silicon Valley Industrial Market Research Report Q4 2025

Silicon Valley Office Market Report Q3 2025

Silicon Valley's office market recorded more than 481,000 square feet of positive net absorption in the third quarter of 2025, marking the fourth consecutive quarter of growth, while overall vacancy fell 170 basis points to 16.8%. Major transactions from Netflix and Databricks anchored leasing activity despite office-using employment continuing to decline due to ongoing cost optimization in the tech sector.

San Antonio Multifamily Market Snapshot Q3 2025

San Antonio's multifamily market showed a 93.0% occupancy rate and average asking rent of $1,231 as of Q3 2025, with 5,882 units delivered year-to-date and 7,827 units of net absorption. The market is expected to experience sharp supply declines in 2026 to approximately 4,800 units under construction (a 76% reduction from 2Q23 peak), positioning the market for strong rent growth from 2027 to 2029, supported by San Antonio's 1.0% population growth during 2024 and economic drivers including advanced manufacturing, data centers, cybersecurity, and the South Texas Medical Center's $18 billion annual impact.

Sacramento Office Market Report Q2 2025

Sacramento's office market showed signs of stabilization in the second quarter with vacancy declining 20 basis points to 15.8%, down from 17.3% a year earlier. Year-over-year job growth has slowed to 0.8% as of May, with office-using employment near 2020 lows, though healthcare and government sectors remain relatively strong. Direct asking rents held steady at $2.12 per square foot full service per month.

Seattle Suburban Office MarketBeat Q1 2026

The Seattle Suburban office market in Q1 2026 experienced rising vacancy at 23.9% and negative net absorption of 79,000 square feet, with overall asking rents declining 2.3% year-over-year to $35.30 per square foot. The market outlook indicates vacancy is expected to remain elevated through 2026 with continued downward rent pressure, though gradual stabilization may emerge in late 2026 into 2027 as new deliveries remain absent and employment growth continues slowly.

San Diego Office Market Report Q1 2026

The San Diego office market in first quarter 2026 experienced a 16.2% year-over-year decline in leasing activity to 1.0 million square feet while vacancy remained essentially flat at 13.6%, though availability rose to 17.1% indicating growing marketed space. Sales volume increased substantially by 186.4% year-over-year to 2.3 million square feet with average pricing normalized to $215.21 per square foot compared to $462.67 in the prior year quarter, and the near-term outlook expects continued uneven conditions as occupiers prioritize higher-quality space while investment activity focuses on discounted urban and value-add suburban assets.

San Diego Industrial MarketBeat Q1 2026

This MarketBeat report analyzes San Diego's industrial real estate market in the first quarter of 2026, covering economic conditions, supply and demand dynamics, tenant activity, capital markets, and pricing across warehouse, manufacturing, and research and development property types. Key findings include a 7.3% overall vacancy rate (up 20 basis points year-over-year), asking rent of $1.47 per square foot monthly on a triple net basis (down 4.2% year-over-year), net absorption of negative 5,291 square feet year-to-date, and leasing activity of 1.1 million square feet in Q1 2026 (down 28.2% year-over-year), with manufacturing accounting for 35% of leasing volume and employment growth of 0.7% year-over-year lagging historical trends.

Seattle Multifamily Market Report Q1 2026

The Seattle multifamily market in Q2 2026 showed declining vacancy at 6.7% (down from 7.0% year-over-year), modest rent growth to an average of $2,048 per unit, and net absorption of 6,085 units year-to-date, while construction deliveries declined 53% to 3,813 units with approximately 19,368 units remaining under construction. Investment activity reflected lower per-unit pricing at $276,610, down 14.75% year-over-year, with net absorption continuing to outpace new supply and supporting overall market stability.

San Diego Retail MarketBeat Q1 2026

San Diego's retail market in Q1 2026 showed modest employment growth of 0.7% year-over-year with vacancy rising to 5.5% and countywide asking rents averaging $2.28 per square foot per month (NNN), up 4.1% year-over-year. Net absorption was negative at -93,261 square feet, with power centers and regional centers experiencing the largest occupancy declines, while healthcare, education, and leisure sectors provided employment stability despite below-historical growth projections for 2026 and 2027.

Seattle Industrial Market Report Q1 2026

The Seattle industrial market in Q1 2026 experienced rising vacancy (9.3%, up from 8.9% at year-end 2025), negative net absorption of 850,000 SF year-over-year, and declining rents averaging $1.07 PSF, driven by global supply chain pressures, elevated fuel costs, and regional tax policy uncertainty. Regional inventory reached 409.7M SF across 11,333 properties with 1.54M SF delivered in Q1 primarily in Pierce County, while construction of 2.6M SF remained underway at 46% preleased and 85 buildings sold for $368.4M at an average cap rate of 6.6%.

Seattle/Puget Sound Office Market Dynamics, Q1 2026

Orange County MarketBeat Reports (Office, Industrial, Retail) Q1 2026

Orange County's office vacancy rate stood at 14.4% in Q2 2026, up 10 basis points quarter-over-quarter but down 340 basis points year-over-year. Industrial vacancy climbed to 5.1% in Q1 2026, rising 60 basis points quarter-over-quarter and 110 basis points year-over-year, while retail vacancy increased to 4.9% in Q1 2026, up 50 basis points quarter-over-quarter and 40 basis points year-over-year.

Seattle Industrial MarketBeat Q1 2026

Seattle's industrial market ended Q1 2026 with a 9.7% vacancy rate and negative net absorption of 481,000 square feet, reflecting continued weakness in demand recovery despite early signs of stabilization from increased touring activity and large-block interest. Average asking rents declined to $0.95 per square foot year-over-year, with only two projects totaling 887,000 square feet delivered in the quarter, while leasing activity of nearly 1.9 million square feet was driven primarily by renewals and six large deals exceeding 100,000 square feet.

San Diego Industrial Market Report Q1 2026

The San Diego industrial market recorded 2.1 million square feet of leasing volume and positive direct net absorption of 250.5 thousand square feet in first quarter 2026, while vacancy increased to 9.6% and asking rental rates declined to $1.46 per square foot NNN. Industrial investment sales activity slowed with 1.4 million square feet trading across 54 transactions totaling $260 million, with average pricing falling to $307 per square foot amid selective capital markets and manufacturing employment declining 2.4% year over year in the San Diego-Chula Vista-Carlsbad MSA.

Philadelphia Suburbs Office MarketBeat Q1 2026

The Q1 2026 Cushman & Wakefield MarketBeat report analyzes the suburban Philadelphia office market, finding a diverged market with the Schuylkill Corridor maintaining tight 11.4% direct vacancy while Primary and Secondary markets remained above 20.5%, and documenting 248.6K square feet of negative year-to-date net absorption against an overall 22.0% vacancy rate and asking rent of $28.33 per square foot. Key lease transactions included Saint-Gobain Corporation's 321,226 square foot renewal at 20 Moores Road in the Southern Route 202 Corridor, and the report identified over 1.7 million square feet of financially distressed assets representing 14.4% of all suburban vacant space.

Philadelphia Industrial MarketBeat Q1 2026

The Philadelphia industrial market recorded a 10.8% overall vacancy rate and $12.86 asking rent per square foot in Q1 2026, with year-to-date net absorption of 2.4 million square feet representing 76.8% growth year-over-year, driven by strong leasing activity across Burlington and Lower Bucks Counties. Regional employment grew 1.4% year-over-year despite the unemployment rate rising 70 basis points to 5.0%, and the market's construction pipeline continued to contract to 2.2 million square feet under development as asking rents are expected to remain steady through the first half of 2026.

Philadelphia Office Figures Q1 2026

Philadelphia CBD Office MarketBeat Q1 2026

Philadelphia's Central Business District office market showed a 20.4% vacancy rate and negative year-to-date net absorption of 273,087 square feet in Q1 2026, with leasing dominated by renewals (235,000 sf) over new leasing (120,000 sf), reflecting tenant preference for right-sizing in higher-quality space. Trophy assets demonstrated pricing resilience with asking rents $10–$18 per square foot above Class A properties and vacancy below 10%, while Class A and Class A- segments faced persistent headwinds from distressed properties and over 300,000 square feet of newly identified conversion candidates.

Philadelphia Industrial Figures Q1 2026

San Diego Office Figures Q1 2026

Puget Sound Industrial Figures Q1 2026

San Diego Multifamily Market Report Q1 2026

The Kidder Mathews report tracks San Diego's multifamily market in first quarter 2026, reporting a vacancy rate of 5.4%, average asking rent of $2,417 per unit, and average sales price of $369,930 per unit, with year-over-year changes of 50 basis points in vacancy, flat rental rates, and a 2% decline in sales prices. Significant transactions in the quarter included The Resort at Encinitas selling for $109.995 million and Dylan Point Loma for $91 million, while 2,430 square feet of new construction was delivered and net absorption totaled 1,850 square feet.

Orange County Office Market Report Q1 2026

In early 2026, Orange County's office market achieved a direct vacancy rate of 11.3%, representing a 3.8% year-over-year decrease below the national average, with 1.6 million square feet in leasing activity and 69,000 square feet of net absorption driven by strong tenant move-ins and constrained new supply. The market outlook remains cautiously optimistic, supported by 324,000 square feet under construction and 43,000 square feet recently delivered, with average asking rents at $2.86 per square foot on a full-service basis and demand expected to favor high-quality office space amid limited new construction and continued inventory reduction.

Washington, D.C. Office MarketBeat Q1 2026

Washington DC Industrial Market Dynamics Q1 2026

Orange County Office Figures Q1 2026

Seattle Retail Market Report Q1 2026

The Seattle retail market in Q1 2026 posted a vacancy rate of 4.0%, up from 3.3% year-over-year, with asking rents stable at $23.40 per square foot, while net absorption remained negative at -17.8K SF though improved from prior years. Smaller-format and service-oriented retail continued to outperform, construction deliveries totaled approximately 51K SF concentrated in suburban corridors, and investment activity remained measured amid selective capital deployment.

Seattle-Puget Sound Industrial Market Dynamics, Q1 2026

Philadelphia Life Sciences Figures Q1 2026

Seattle Office Market Report Q1 2026

The Seattle office market in first quarter 2026 experienced significant labor market deterioration, with the regional unemployment rate rising to 5.4% in February 2026 from 4.3% a year prior, driven by 3,420 WARN-noticed layoffs led by Amazon's 2,387 cuts, while office investment activity recovered with $245.6 million in sales across 11 properties at a 7.1% cap rate. For the first time in the recovery cycle, both vacancy and availability declined concurrently by approximately 90 basis points quarter-over-quarter, reaching 23.2% and 26.7% respectively, with the region posting 253,352 square feet of positive net absorption in Q1 2026—the first positive quarter since Q1 2022—though this improvement was tempered by continued tech sector job losses threatening near-term office demand.

Orange County Industrial Figures Q1 2026

San Diego Office MarketBeat Q1 2026

Cushman & Wakefield's San Diego Office MarketBeat Q1 2026 report documents office market conditions showing a vacancy rate of 15.4% (up 140 basis points year-over-year) and an overall asking rent of $3.48 per square foot, with negative net absorption of 335,000 square feet driven by Class A space losses in Central County submarkets. San Diego's employment grew 0.7% year-over-year to 1.6 million jobs through January 2026, with projected growth of only 1.0% in 2026 and 0.8% in 2027—both below the five-year historical average—indicating continued pressure on office demand amid modest hiring concentrated outside core office-using sectors.

Northern Virginia Office Figures Q1 2026

San Diego Industrial Figures Q1 2026

Seattle Office Market Report Q1 2026

The Seattle office market in Q1 2026 posted a 23.1% vacancy rate for the overall Puget Sound region, with Seattle proper at 28.0%, showing deceleration in vacancy growth after years of sharp increases and modest signs of stabilization. Net absorption remained negative at -486,708 SF regionally, though at an improving pace compared to prior years, while construction activity contracted to historic lows of 63,527 SF under construction, and average asking rents edged up modestly to $32.95 PSF as investment transactions continued at approximately $310 million across 33 deals.

Orange County Industrial Market Dynamics Q1 2026

Downtown Seattle Office MarketBeat Q1 2026

Downtown Seattle's office market reached 36.5% vacancy in Q1 2026, up 350 basis points year-over-year, with notable departures by Meta, Perkins Coie, and Amazon totaling over 520,000 square feet, while average asking rent rose 1.9% to $47.63 per square foot despite continued high vacancy. Leasing activity improved 36.7% to 452,000 square feet in Q1, but no office buildings sold downtown in the quarter, and the construction pipeline remains dormant with no deliveries scheduled.

Phoenix Multifamily Market Report 1Q 2026

Phoenix's multifamily market is projected to recover in 2026 as supply completions fall nearly 50 percent and local inflation below 2 percent allows wages to catch up with asking rents, though performance will diverge by submarket. Class A properties in affluent East Valley and North Phoenix-Scottsdale corridors are expected to strengthen with reduced new supply competition, while Class B and C rentals in central and West Valley neighborhoods will face pressure from weaker job growth in manufacturing, logistics, and hospitality sectors.

Washington DC Office Figures Q1 2026

Puget Sound Office Figures Q1 2026

Orange County Office Market Dynamics Q1 2026

Philadelphia CBD Office Market Dynamics Q1 2026

Greater Philadelphia Office Market Overview 4Q25

Greater Philadelphia's office market ended 2025 with vacancy at 21.8% after rising 150 basis points year-over-year, though net absorption improved to only slightly negative as leasing momentum increased. Class A rents grew 4.2% annually driven by trophy asset demand, while sublease availability stabilized and asking rents recorded three consecutive quarters of gains.