Despite headlines, a mere 4% of Google, Meta, Amazon and Apple’s total portfolio across Bay Area is available for lease
Total Occupancy by Market
–Of the approximately 57 million square feet Bay Area wide occupied by Amazon, Apple, Meta and Google, only 4% of that is currently available for lease.
–Apple leases more than 52% of its estimated portfolio in the Bay Area and owns roughly 43%. While Amazon on the other hand leases more than 91% of its portfolio.
–Of the space occupied in the Bay Area Google and Apple occupy more than 80% of that space in Silicon Valley, with a very small footprint in San Francisco at 10% and 1%, respectively.
July 6, 2023
