Search
 

Deal Volume Spikes to 1.5M SF Fueled by Turbo Leases

WeWork's big splash in San Jose offers an intriguing alternative to firms looking for scalability and flexibility; options that have been in short supply in the Valley's office market, according to Savills Studley.

Diridon Station Site A site at 440 West Julian St. is located within the Diridon Station Area Plan in San Jose.

SAN JOSE—Home to many Fortune 500 companies, Silicon Valley is known as a hub of information-technology development and brain power. San Jose ranks as the third-largest city in California and the 10th-largest US city, according to city government stats. Santa Clara County is the largest Bay Area county in terms of population (nearly 2 million) and total employment, including 1 million wage-and-salary jobs, according to a recent Santa Clara County economic forecast.

Furthermore, in a report that analyzes 30 metropolitan areas in terms of the economic impact of digitalization, Brookings has just ranked San Jose as number one, GlobeSt.com learns. In recent decades, the diffusion of digital technology into nearly every business and workplace or digitalization has been remaking the US economy and the world of work.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.