Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 270.37

-0.4%

Oct 31 9:30 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Moonray	6/3/2014 4:53:52 PM
	of 213172

Silicon Valley rents soar as tech gobbles space There's a lot of talk about the red hot residential real estate market in Silicon Valley, but commercial prices are also soaring. Asking rents in Palo Alto now average $83 a square foot annually. That's nearly triple the national average, according to Amber Schiada of Jones Lang LaSalle, a real estate services company. Which tech companies dominate the commercial real estate market in Silicon Valley? Cisco is the leader with an estimated 10 million square feet. Google comes in second, occupying an estimated 9 million square feet. The search giant has acquired nearly 3 million square feet in just the past two and a half years. Apple has 6 million square feet of office space, and the company is currently building a new campus in Cupertino. The centerpiece of that campus will be a circular office building totaling nearly three million square feet. More at: cnbc.com Apple would have had more space if less than 40% of its employees weren't located in their stores o~~~ O

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next