Market Beat

Silicon Valley, CA : Industrial Snapshot - Q1 2014

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The Silicon Valley economy continues to strengthen, translating into positive real estate market fundamentals for the industrial market. The high tech employment base expanded by 2.6% during the last twelve months ending in March, according to Moody’s Analytics. This figure compares favorably to the 2.0% statewide average and 1.6% national average. The manufacturing sector grew by 2.6%, representing a net gain of 3,200 jobs after factoring in the nearly 1,000 jobs lost in the previous 12 months.

Source : Cushman & Wakefield

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Mots-clés : Cushman & Wakefield