Silicon Valley Office Market is Sizzling!
Unbelievable office market in Silicon Valley with over 10 million square feet of new office projects under construction with over 75% already preleased! Google is partially responsible for this leasing frenzy, taking millions of square feet of office product. In a sad comparison, over in the East Bay with the Tri-Valley and I-680 Corridor we haven’t had new office construction in many years and our office rents have to almost double to support new office product. I should have relocated to Santa Clara years ago…