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NCalCCIM Silicon Valley District Meeting, May 10 2008

By
Commercial Real Estate Agent with Commercial MasterMinds

 

 
 
The Current State of the Silicon Valley's Commercial Real Estate Market:
An Insiders' View

A panel of brokers from CCIM and the Silicon Valley talks about the commerical real estate market
in the Silicon Valley at this meeting of the Silicon Valley District of NCalCCIM.

Moderated by Pete Chrzaszcz, President, Commercial Masterminds,
and Mario Pinedo, CCIM, Intero Real Estate.
 The panelists are:
   Larry Losness, President, Losness Group
   Ed Mendence, Remax Commercial, Silicon Valley
   Robert Badagliacco, Senior Vice President of Remax Commercial, Silicon Valley
   Geri Wong, CCIM, Senior Vice President, Ritchie Commercial

This was a great discussion. I learned so much about the Silicon Valley and now understand why South Bay properties continue to be priced around 5% cap rates and still sell!  As a Contra County expert it opened my eyes to the voracious demand of the south bay and the high barriers to entry. Very strong market with HUGE potential for continued demand.

 

Commercial MasterMinds                   Pete's website

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