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Silicon Valley commercial real estate market to continue surge

Posted on 15 February 2013

Silicon Valley’s office and research leasing and development sectors this year look more robust than in 2012, according to a high-profile report released Wednesday. What’s more, the tech employment and expansion boom that has gobbled up office and research space at a dazzling pace the last couple of years is showing few signs of slowing down, the report released by commercial real estate firm Colliers International stated.
Companies are currently seeking a combined total of 7 million square feet of office and research space in Silicon Valley, Colliers reported during its annual forecast and presentation in downtown San Jose. That would be roughly equivalent to enough space for six or seven regional……………………………………….Full Article: Source


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