Global property consultant Cushman & Wakefield is reporting for the third quarter of 2018 showed strengthening occupancy growth for Silicon Valley's office and R & D sectors.

Silicon Valley's office and R & D sectors has more than 1.9 million square feet (msf) of positive net absorption. Julie Leiker, Cushman & Wakefield's Market Director for Silicon Valley, said "In contrast, despite the strong occupancy effort in the R&D sector during the third quarter, the negative hangover felt from the first two quarters still leaves year-to-date R&D net absorption at negative 203,000 sf, although it is trending in the stronger direction,"