Facebook Inc headquarters in Menlo Park, California. Silicon Valley has the lowest office vacancy rate in the US, even as technology companies embrace remote work. — Bloomberg
Silicon Valley has the lowest office vacancy rate in the US, even as technology companies embrace remote work.
Vacancies in the region south of San Francisco hit 11% in the first quarter, including space available for sublease, according to a report by brokerage Jones Lang LaSalle Inc. That put Silicon Valley at the bottom of a list of more than 50 places in the U.S.
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