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AI tech industry surge buoys South Bay office market in hopeful sign

Summary by siliconvalley.com
SAN JOSE — A new report shows that AI tech companies helped fuel office leasing activity in Silicon Valley in 2024, raising hope that the fledgling industry could help revive deals to fill empty commercial spaces. The assessment by Colliers, a commercial real estate firm, could provide a welcome counterpoint to the current sky-high levels of vacant office spaces throughout the Bay Area. Downtown San Jose and the city’s SoFA district, looking nor…
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siliconvalley.comsiliconvalley.com

AI tech industry surge buoys South Bay office market in hopeful sign

SAN JOSE — A new report shows that AI tech companies helped fuel office leasing activity in Silicon Valley in 2024, raising hope that the fledgling industry could help revive deals to fill empty commercial spaces. The assessment by Colliers, a commercial real estate firm, could provide a welcome counterpoint to the current sky-high levels of vacant office spaces throughout the Bay Area. Downtown San Jose and the city’s SoFA district, looking nor…

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siliconvalley.com broke the news in on Wednesday, March 19, 2025.
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