Quick updates on two key submarkets

| February 11, 2011 | 1 Comment

Quick updates on two Submarkets that I find especially interesting to track:

  • Mountain View:  My latest report on the Mountain View submarket can be found HERE.  While my Downtown Major Building index has spiked significantly at the beginning of the year, I am quite confident that the Index will be at or near 7% again in short order.  Reports have prospective tenants literally waiting in line to tour one new available downtown sublease recently.
  • Palo Alto:  Colliers current snapshot of the downtown Palo Alto submarket is available HERE.  The availability rate in downtown is currently 6.0%, and average asking rates continue to rise.

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