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Jul 9, 2024 · More than one in three offices in San Francisco are vacant despite an artificial intelligence boom that has boosted the stocks of major tech giants based in Silicon Valley, according to a...
Jul 10, 2024 · Driving the news: San Francisco's office vacancy rate saw an uptick from 36.7% in the first quarter of 2024 to 36.8% in the second quarter — the highest it's ever been but also the smallest increase since the third quarter of 2021, per a report from commercial real estate firm CBRE.
- Shawna Chen
Sep 23, 2024 · The office vacancy in San Francisco rose past 37 percent, setting a new record. But the number of available offices has stayed flat, suggesting a stabilizing market. The number of empty...
Jun 25, 2024 · Office vacancy in San Francisco will rise a projected 0.3 percent to 37 percent in the second quarter, from 36.6 percent in the prior period, the San Francisco Business Times reported, citing...
Jun 24, 2024 · UPDATE: S.F.’s office vacancy reaches new record high. Here’s why experts think the market is stabilizing. Framing the sluggish recovery of San Francisco’s office market — which some...
- Reporter
Jul 23, 2024 · That stagnation — measured in record-high vacancy rates north of 36% — is not just a drag on the city budget but has rippled out like shockwaves, imperiling the once-thriving network of businesses that serve and support office workers.
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Dec 12, 2023 · San Francisco’s office vacancy has never been higher. Returning to a healthy vacancy rate could take decades unless the city incentivizes conversion of functionally obsolete class B and C office spaces into housing and other uses while preserving highly desirable Class A office space.