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Startup raises are good measurement of commercial real estate activity

Startups raising money from investors helps determine demand for commercial real estate in a given market, and as companies raise larger amounts of money, those venture capital deals have led to “significant leasing activity as decision makers look to lock up space to accommodate continued and anticipated expansion”.

Case studies such as Varsity Tutors, the Clayton-based online tutoring startup that raised $57 million from investors in November 2015 or LockerDome, which at the end of 2014 had raised $10 million, started talking about upgrading their office space almost immediately after their deals closed.

Read the full article in Bizjournals

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