Newmark：2025年第二季度硅谷工业市场报告（英文版）

The vacancy rate continued to rise, marking the seventh consecutive quarter of rising vacancy rates. Vacancy in the second quarter rose approximately 36 basis points from the previous quarter, and 218 basis points year-over-year. At 6.5%, second quarter vacancy has risen above the 20-year average of 5.8%. Following a seasonal trend, the second quarter closed on a low note with gross absorption at 1.4 million square feet, a 35.6% decrease from the first quarter of 2025. This represents the low