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Office vacancies in downtown San Jose increased during the pandemic, but some say it’s only a matter of time before workers return. According to Silicon Valley MarketBeat, which analyzes commercial real estate activity, downtown vacancies rose during the beginning of 2021 from 14.2% to 17%—about 1.5 million square feet—compared to the first quarter of 2020....
Venture capitalist bringing green to downtown San Jose
The 96-year-old Bank of Italy building in downtown San Jose is one of the area’s most recognizable structures—a relic of Rennaisance Revival architecture in the middle of modern high rises. Soon, venture capitalist real estate developer Gary Dillabough, 58, will add a series of hanging gardens to the building’s facade. “We’re hoping to leverage experiences and...