Is Texas the new Silicon Valley?

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The Pandemic has brought many companies to bankruptcy, and others looking to cut expenses on many things to stay afloat, one of those rents. Many even looking to relocate to places where rent and overall costs are cheaper.

Now with many entrepreneurs and some other companies’ big names, more and more businesses are relocating in Texas.

Oracle, Tesla, Gigafactory, CBRE, and Apple are some of the companies that have either relocated or open major offices in Texas.

The Governor’s Economic Development and Tourism office said in September there’s been a “tremendous increase” in companies reaching out since the pandemic hit, with 237 relocation or expansion projects currently in the works.

Real estate is also selling pretty quickly and according to the Governor’s Economic Development and Tourism office, there’s been a “tremendous increase” in companies reaching out since the pandemic hit, with 237 relocation or expansion projects currently in the works.

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