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Santa Clara County sees negative net migration in 2017/752/silicon-valley-3-5-18-santa-clara-county<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-crowd.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/752/silicon-valley-3-5-18-santa-clara-countySanta Clara County sees negative net migration in 2017The Valley finally saw negative net migration, albeit a small number, after several years of strong positive showings.
Age is but a number: Rapid growth in senior citizen population creating a market for assisted living tech/732/silicon-valley-2-26-18-senior-housing-market<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-seniors-housing.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/732/silicon-valley-2-26-18-senior-housing-marketAge is but a number: Rapid growth in senior citizen population creating a market for assisted living techDuring the past seven years, California’s senior population has increased by 32.3 percent, growing on average by 4.0 percent each year.
Take a look at where Silicon Valley’s large block availabilities are concentrated/684/silicon-valley-2-12-18-concentrated-large-block-availabilities<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/building-exterior-windows-architecture-scenery.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/684/silicon-valley-2-12-18-concentrated-large-block-availabilitiesTake a look at where Silicon Valley’s large block availabilities are concentratedThe Valley currently has 46 large block availabilities, defined as properties with over 100,000 square feet of contiguous space available for lease.
Average per square foot price for industrial product sees significant growth/641/silicon-valley-1-29-18-industrial-psf-grows<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-industrial-drill-sparks-metal.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/641/silicon-valley-1-29-18-industrial-psf-growsAverage per square foot price for industrial product sees significant growth​Industrial product in Silicon Valley has seen tremendous growth in terms of average price per square foot since 2014.
Deliveries outpace occupancy, pushing up vacancy during 2017 /624/silicon-valley-1-22-18-deliveries-outpace-occupancy<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/office-building-high-rise-blue-sky.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/624/silicon-valley-1-22-18-deliveries-outpace-occupancyDeliveries outpace occupancy, pushing up vacancy during 2017 ​Slow leasing of new construction and corporate consolidations from a few large tech tenants pushed office vacancy higher during 2017.
Amid compressing vacancy rate, Silicon Valley industrial development ramps up after period of stagnation/565/silicon-valley-12-18-17-industrial-development<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-factory-with-red-chimneys-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/565/silicon-valley-12-18-17-industrial-developmentAmid compressing vacancy rate, Silicon Valley industrial development ramps up after period of stagnation​The Valley has long faced a problem with lack of industrial inventory. Since 2000, Silicon Valley has lost approximately 6.8 MSF of industrial product, contributing to a compressing vacancy rate of 4.5 percent.