🌟Tech growth is not limited to Silicon Valley; other regions like Oregon, Utah, and Boston are also thriving in terms of tech innovation and investment.
💼Commercial real estate in urban cores, especially in cities like San Francisco, has been adversely affected by remote work and reduced demand for office spaces.
📈Despite challenges in urban cores, industrial and warehousing spaces, as well as suburban retail and multifamily housing, are experiencing growth and high demand.
💰Private equity and venture capital firms are waiting for the right pricing and investment opportunities in commercial real estate as the market undergoes repricing.
🏢The future of tech and commercial real estate will involve a resettlement and repricing of urban cores, with potential for the revitalization of these areas in the long run.