RENTS/LEASES

↑ Office:

• Asking: $27.94 per square foot
• Effective: $24.21 per square foot

↑ Retail:

• Asking: $30.66 per square foot
• Effective: $28.12 per square foot

↑ Industrial (average starting): $0.72 per square foot

VACANCY

↓ Office: 9 percent

↑ Retail: 3 percent

↓ Industrial: 4.1 percent

ABSORPTION

↓ Net office: 1.4 million square feet

↓ Net retail: -9,000 square feet

↓ Net industrial: 774,162 square feet

UNDER CONSTRUCTION

↑ Office: 62,982 square feet

N/A Retail: 28,000 square feet

↓ Industrial: 40,885 square feet

EMPLOYMENT

• Largest public companies: Hewlett-Packard Co., Intel Corp., Cisco Systems Inc., Apple Inc., Oracle Corp.
• Home to 25 of Fortune 1000 companies, including top-five public companies
• Home to 10 of 20 most-inventive towns in 2006 (Wall Street Journal)
• More than 40 percent of workers have bachelor's degree or higher education; national average is 25 percent

Statistics for Santa Clara County, Calif., unless noted

Melinda Young is an associate editor at Scotsman Guide. Reach her at (800) 297-6061 or melinda@scotsmanguide.com.

Page: 1 2 Previous