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Real Estate/Development

Oct. 2, 1999

Settling down

By John McCloud In the words of Jim Kovaleski, a partner in BT Commercial Real Estate/NAI in San Jose, "Class B and C buildings are the first to suffer when the market takes a dip and the market is taking a dip right now."

By John McCloud

In the words of Jim Kovaleski, a partner in BT Commercial Real Estate/NAI in San Jose, "Class B and C buildings are the first to suffer when the market takes a dip and the market is taking a dip right now."
He is speaking about the Silicon Valley industrial market in general and the older industrial area of San Jose south of Interstate 280 in specific. He says not a single direct leasing transaction was recorded there in the second quarter and ver...

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