Q3 2022 Silicon Valley R&D Occupiers Guide
Looks can be deceiving. The Silicon Valley Research & Development (R&D) market is tighter than the 6.7 percent vacancy might otherwise indicate. Beneath the surface, companies are finding it difficult to match available buildings that can meet their heavy power usage needs. As manufacturers seek to produce record-high output, they require infrastructure within a space that can keep up with demand. Many require significant upgrades for optimal operation and lack the 2,000-6,000 amps of heavy power sought by manufacturers, semiconductor companies, and battery producers.