A new report by real estate agency Cushman & Wakefield released this week found that the average office rent price in San Francisco has plummeted from $90/square foot in 2020 to $62/square foot today, marking a huge collapse not seen...
Whenever an article on companies leaving San Francisco or more reports on office vacancies in the city come out, there will always be a few e-mails saying that it isn’t actually that bad. That empty storefronts aren’t abundant. A lot...
Visiting Downtown Oakland can be a sobering experience. At some points it is full of life, with shopkeepers stepping out for a moment to enjoy the day or customers coming in for the lunch rush. But walk a block away,...
According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 36.6% in the first quarter of 2024, albeit with some positive news that tech and AI companies could reverse...