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Leasing Silicon Valley or San Jose Office Space

Silicon Valley got its name due to there originally being a large number of silicon chip makers based in the area, but now, it has become a more generalized high-tech hub. It is also home to famous universities like Stanford and Cal Berkeley. This draws both students and the already-educated to come here seeking employment, further education, and the great weather. The universities graduate thousands of new diplomates every year, and this provides a steady stream of potential employees who have learned the latest in computer technology and engineering, among other subjects.

Several cities are included within the area considered to be Silicon Valley. San Jose is the largest of these, and is therefore unofficially called the capital of the area. Palo Alto, Mountain View, and Sunnyvale are other important metropolises in this exciting area. The entire valley corresponds roughly to the borders of the geographical Santa Clara Valley, though it is not an exact match.

History

Though many people only became aware of Silicon Valley after the influx of chip makers to the area, this region actually has roots in tech that go much deeper. It was way back in 1938 when William Hewlett and David Packard began development work on their audio oscillator, and now, the garage where this took place is a local historic landmark designated "the birthplace of Silicon Valley." Even before that, there was notable technological advancement here: In 1853, a telegraph system was set up to relay information to the San Francisco Merchants' Exchange, and this was the first use of telegraphy in California.

An Overview of Current Conditions

While there are plenty of tech companies and job opportunities here, housing prices are also extremely high. This can be great for established residential landlords, who will find plenty of people who must rent due to the unaffordability of owning a home. However, it is also a source of pressure to pay high wages, which is causing companies who come to this area to seek highly-educated workers. It is hard to get people to do minimum-wage jobs because those do not make economic sense to residents who are not still living at home. For this reason, Silicon Valley has more R&D (research and development) types of installations as opposed to basic factories and call centers.

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