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. |
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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.
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