SV Business Journal: Barnes and Noble Major Expansion in Palo Alto

| February 12, 2012 | 0 Comments

A recent Business Journal discussed the major Barnes & Noble lease in Palo Alto’s Stanford Research Park.  The current dearth of available big blocks of space on the Peninsula is something that I forecast a year ago, and is a result of demand unusually driven by larger users.

Despite the claims put forward in this article, the tightening of the market for larger blocks of space has little to do with the overheated start-up market in some parts of Palo Alto.  Stanford Research Park isn’t an enormous submarket and most growing users don’t have expectations of expanding there, even if there first small offices happened to have been in Palo Alto.

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