MARKET OVERVIEW

• San Jose is located in the heart of Silicon Valley, California. It is the third-largest city in California by population, after Los Angeles and San Diego, with an estimated population of over 1 million people as of 2021. San Jose is known for its thriving technology sector, with many major tech companies, including Apple, Google, and Cisco located in the immediate trade area. The city is also home to several universities, including San Jose State University, which contributes to its educated workforce.
• The city has a diverse economy that includes not only technology but also healthcare, finance, and manufacturing. San Jose is a hub for research and development, and the city has one of the highest concentrations of engineers and scientists in the world.