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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