Most of the job gains were in the leisure and hospitality sectors.
Sales activity was, for the most part, lackluster in 2017. Pricing for most assets remained stubbornly high while, in other cases like retail, cost wasn’t an issue for buyers. Yet there are signs these trends are shifting, positioning some assets for more activity in 2018.
Market Park San Jose, the $2.5 billion 120-acre mixed-use development, is rapidly taking shape to fill the retail void and will be the largest transit-oriented development in Silicon Valley when completed.
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