The owner of San Jose’s Santana Row is seeing optimistic signs for the company’s retail, restaurant, office and housing business — including stability for the Silicon Valley econo…
SAN JOSE — The owner of San Jose’s Santana Row is seeing optimistic signs for the company’s retail, restaurant, office and housing business — including stability for the Silicon Valley economy — as tech layoffs start to fade.
The hopeful signs have emerged primarily because the pace of tech layoffs has dramatically decreased in the Bay Area and Silicon Valley, according to Wood. “We are in earnest and advanced negotiations with tenants” to take space in the office building, Wood said during the conference call. “I’m pretty confident we will have some leasing success in the near future” at One Santana West, he added.
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