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.
Published by Savills. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Savills
- Obtained from
- Savills
- Published
- Dec 31, 2025
- Last updated
- Jun 28, 2026 (1 month ago)
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