In its latest Global Office Index (2Q15) publication, Jones Lang LaSalle IP (JLL) noted that Silicon Valley was the market that achieved the 8^th largest rise globally of the 95 markets monitored in terms of grade A office rents (up 10.4%) over the year to 2Q15. Rents in that market rose by 1.8% in 2Q15 alone. The rise in grade A rents in Oakland/ East Bay were 3.8% year-on-year (35^th largest rise) and 4.6% in 2Q15 (7^th). JLL attributed the gains to strong demand from technology companies.

Source : August 2015/JLL/San Francisco/OFF