Toshiba, the Japanese-based consumer electronics company, has rented a 21,000 square-foot space in an office in Folsom, the first such office in the region. The company is expected to hire about 60 new workers at its 35 Iron Point Circle office.

Real estate broker Nate Cyphers confirmed that Toshiba will need employees in the areas of sales, research and design.

“It’s encouraging,” said Cyphers, a vice president with CBRE Sacramento. “We’re slowly seeing organic growth here from companies that aren’t here, and from companies that are here.”

Cyphers added that Toshiba signed a ten-year lease, and indication of their long-term commitment to the area. It is a logical addition to the already established region’s high-tech industry. Companies already in the area include Intel, Micron and Hewlett-Packard.

“Folsom also provides a great cost of living and workers can be in a community that’s more competitive than Silicon Valley,” he said. “It’s good news for this region.”