Tag: AI
San Francisco Office Vacancy Rates ‘Marginally Improves’ First Time in Five Years
According to new preliminary data from real estate services company JLL, San Francisco saw their first drop in office vacancy since 2019 in Q4 2024, marginally improving from 34.5% last quarter to 34.3%. Before the COVID-19 pandemic, San Francisco had a...
Salesforce Announces Annual Dreamforce Conference Will Stay In SF For Next Three Years
Salesforce CEO and Founder Marc Benioff announced on Thursday that Dreamforce, one of San Francisco’s largest yearly conferences and the largest event for the software company, will be staying in the city for the next three years following a near...
San Francisco Fed President Urges Companies to Get Employees Back In Offices
According to a new report by real estate firm CBRE, San Francisco’s office-vacancy rate rose to a new record high of 37% in the second quarter of 2024. This sparked San Francisco Fed President Mary Daly to say that companies...
University of California Announces No New Campus in San Francisco
The University of California (UC) declined to build a new campus in Downtown San Francisco after nearly a year looking into it, ending one of San Francisco Mayor London Breed’s best chances in revitalizing the downtown area. Since the beginning...
San Francisco Office Prices Have Fallen From $90/Sq. Foot To $62/Sq. Foot In Only 4 Years
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...
Does AI Carry Potential to Destroy Democracy?
Artificial intelligence (AI) and its integration within various sectors is moving at a speed that couldn’t have been imagined just a few years ago. As a result, the United States now stands on the brink of a new era of...