Downtown San Francisco’s Real Estate Recovery Depends on Tech Industry
After the COVID pandemic pummeled downtown San Francisco with a one-two punch of low office attendance and many retail business closures, the tech industry appears poised to revive the market’s real estate usage.
U.S. Venture Capital Funding Sets Record in 2021
A record annual total of $276 billion in venture capital funding across 9,700 deals in 2021—more than double 2020’s total of $132 billion—has fueled robust job creation and real estate activity by technology and life sciences companies.
Growing Tech Industry Leads U.S. Office Leasing Rebound
After curtailing their expansion during the first year of the pandemic, tech companies became more active in 2021, accounting for 21% of total leasing activity, up from 17% in 2020 and 20% in 2019.
Formulating an Effective Tech Talent Acquisition Strategy
An effective strategy to secure tech talent in an increasingly tight labor market involves more than just focusing on locations where tech workers are concentrated.