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Silicon Valley’s commercial real estate market expected to remain hot

Posted on 26 January 2012

With the tech boom building momentum, Silicon Valley companies are on the hunt for space equal to nine shopping malls. That was the highlight conclusion of a conference Tuesday organized by realty brokerage Cornish & Carey Commercial Newmark Knight Frank. The gathering heard brokers present a robust outlook for the Bay Area economy and the region’s commercial real estate sector.
“We had a lot of tenant demand in 2011, and there is still more tenant demand coming,” said Phil Mahoney, an executive vice president with Cornish & Carey………………………………………..Full Article: Source


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