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Sunnyvale R&D Rents Were $6 to $7 ???

June 9, 2009

Check out this article from KCBS, which was partially discussed on the radio. $6 to $7 rents in Sunnyvale? When? For a few months during the dot com bubble a decade ago? I hope they took this out of context, otherwise it seems like a pretty misleading statement to make.

“Rents were as high as $6 or $7 for instance, in Sunnyvale in the research and development market and yes, they’ve fallen to as low as $1,” he said.

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mobo dilly June 10, 2009

Sunnyvale is one of the most oversupplied and overbuilt areas in all of Silicon Valley. Rents are going to continue to fall there.

yo yo yo June 16, 2009

Probably quoted annual rents! I predict the Valley average to be $1.00 NNN psf/month.

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