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Walnut Creek : Office Snapshot - 1Q 2013

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Walnut Creek : Office Snapshot - 1Q 2013

The East Bay economy, particularly Walnut Creek and the Tri-Valley, has had a healthy start in 2013. Total employment increased 2.5% year-over-year through February 2013 with the addition of 24,000 new jobs according to the California Employment Development Department, and professional and business services, a major driver of the office market, lead the growth with a 6.3% increase. The unemployment rate for the East Bay stood at 8.0% as of February 2013, and is even lower in Walnut Creek (5.4%) and Pleasanton (4.0%).

Source : Cushman & Wakefield

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