Real Estate/Development
Apr. 2, 2000
Boom to north filling markets south of San Jose
By John McCloud Pressure from Silicon Valley has created a tight market heading south from San Jose. Vacancies are low and development opportunities limited in Morgan Hill and Santa Cruz, pushing up rents and prompting some secondary users to consider moves to Watsonville and Salinas.
By John McCloud
Pressure from Silicon Valley has created a tight market heading south from San Jose. Vacancies are low and development opportunities limited in Morgan Hill and Santa Cruz, pushing up rents and prompting some secondary users to consider moves to Watsonville and Salinas.
"There's been a tremendous increase in demand in Morgan Hill," says Robert Eves, CEO of Venture Corp. in San Rafael. "There's no place left to go. There are no large parcels in Sili...
Pressure from Silicon Valley has created a tight market heading south from San Jose. Vacancies are low and development opportunities limited in Morgan Hill and Santa Cruz, pushing up rents and prompting some secondary users to consider moves to Watsonville and Salinas.
"There's been a tremendous increase in demand in Morgan Hill," says Robert Eves, CEO of Venture Corp. in San Rafael. "There's no place left to go. There are no large parcels in Sili...
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