COVID real estate: Commercial property rebound depends on tech demand
https://www.siliconvalley.com/2021/02/24/covid-commercial-real-estate-rebound-tech-facebook-google-apple-adobe/
SAN JOSE — The outlook for commercial real estate in Silicon Valley remains “hazy” for the moment due to ongoing economic setbacks and uncertainties that the coronavirus has unleashed, Colliers International reported Wednesday.
One possible bright spot in the dark and forbidding economic landscape created by the coronavirus: a surge in venture capital funding for startups and a boom in initial public offerings by up-and-coming tech companies.