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Zain Jaffer is the San Francisco Bay area-based CEO and founder of Zain Ventures that invests globally in start-ups, real estate, stocks, fixed-income, hedge funds and private equity.
Houston topped the empty-office list with a 23.5% vacancy. In the Dallas area, 19% of the office space was empty. Those figures don’t include sublease space, which totals more than 9 million ...
While the office vacancy rate in downtown San Jose was 31.5% in the second quarter, office vacancies totaled 19.5% in Silicon Valley overall. Related Articles Bay Area developer helps Valero ...
Narrower office buildings with more area along the perimeter – and therefore more opportunity for viewing windows – would transition more easily to residential than deep, rectangular-shaped ...
The obsolescent, 34-story office building that opened in the 1950s is now 80% vacant. “We’re helping to frame the issue” in a way that might ultimately lead to legislation,” Schiffer said.
In many cases, migration patterns suddenly create a mass of new people who will need housing, but the area lacks enough housing units. When the pandemic came, the shortage became exacerbated.