Changing Demographics: What Does It Mean for Offices in Oakland?

By Urban Green Investments

Urban Green Investments

● Urban Green Investments has concentrated on renovating and restoring Oakland buildings in order to create modern office space for the city’s burgeoning high-tech industry.

Oakland

● Over the past several years, hundreds of companies - and more than a billion dollars in venture capital - have moved across the Bay Bridge from San Francisco to Oakland, catching the attention of some of the most prominent real estate investors in the region. Notably, Oakland ranks seventh in the United States for venture capital investment.

Oakland’s Cultural Hub

● Office demand in Silicon Valley and San Francisco is at a premium, which has caused many businesses to begin looking at more affordable rental markets, such as Oakland. The city has also experienced a recent boom in residential, entertainment, and retail properties, which has changed the perception of many millennials and young tech workers. Seen by many as the next major cultural hub in the Bay Area, Oakland is undergoing a revitalization.