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Updated over 7 years ago on . Most recent reply

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Diane G.
  • CA
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For those who dont believe we turned the corner...more evidence

Diane G.
  • CA
Posted

http://www.businessinsider.com/silicon-valley-is-b...

Waiting is hard, but I am more and more convenced that it is going to be worthwhile....

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

diane,,, maybe... maybe not... its not like there is a huge amount of new construction in the area.. so you still have that ole supply demand thingee going on.. not nearly enough housing for too many people even without adding anyone.. vacant office space like I said is pretty common in most areas simply because of lag time and production time..  these buildings are not erected as build to suits very often its build it and they will come.. now if your an investor in one of the PPM's or syndications that owns some of this see through real estate then maybe you have something to worry about.. Time will tell of course.

And I don't see how being next to the levi stadium really makes that much difference in appeal.. folks work during the week 9ers play on Sunday... although it will boost the local bar and restaurant business on game days.. I know when I used to have my season tickets at the stick .. the local bars and delis etc did well on game day other wise it was just daily routine..

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JLH Capital Partners

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