Coronavirus economy: Office leasing slumps in Bay Area
https://www.siliconvalley.com/2020/07/21/coronavirus-economy-office-leasing-slump-bay-area-real-estate-tech-development/
Office markets in the South Bay, East Bay, and Peninsula turned sluggish and posted their weakest leasing performances in years during the second quarter of this year amid coronavirus-linked business shutdowns, according to separate reports from Colliers International.
The leasing activity for office space was so slow in the April-through-June period that space became vacant at a much faster pace than it was rented in Silicon Valley, the Oakland area of the East Bay, and San Mateo County, the reports from commercial real estate firm Colliers showed.