Tag: San Francisco office vacancy
WeWork Announces Closures Of 14 Office Sites In California
Following their bankruptcy announcement earlier this week, co-working space company WeWork announced a mass closure of almost 70 prominent offices across the United States on Tuesday, with California to have 14 locations to close soon mostly in the Bay Area...
OpenAI Announces Nearly 500,000 Square Foot Office Lease In San Francisco
The largest office leasing in San Francisco since 2018 was finalized on Tuesday as OpenAI, one of the largest artificial intelligence companies in the world, moved into two buildings at San Francisco’s Mission Bay Headquarters comprising of nearly 500,000 square...
Hundreds Of Fed Employees In San Francisco Told To Work Remotely Because of Crime
An Early August memo from the Department of Health and Human Services (HHS) recommended that the hundreds of federal workers in San Francisco should work from home because of escalating crime and safety concerns. The memo was brought to the...
San Francisco’s 165-Year Old GUMP’S CEO Scorns Politicians for Crime, Homeless Drug Addicts
Gump’s is a luxury American home furnishings and home décor retailer, founded in 1861 in San Francisco, California. Except today, Gump’s is under siege. Homeless drug addicts, thievery, ramifications of COVID policies, harassment of the public and the defiled city...
New Report Shows San Francisco Has Worst Recovery of Any City From the Pandemic
According to a new study released on Tuesday, foot traffic in downtown San Francisco continued to remain at pandemic levels in recent months, showing that the city’s recovery is still a long way off. Since the late 2010’s, San Francisco...
San Francisco Office Vacancies Hit New Record – Nearly One-Third are Empty
According to a new study released Tuesday, San Francisco’s office vacancy rate hit a new high of 31.8% in the second quarter of 2023, climbing up from 29.4% earlier this year as the economic situation in San Francisco continues to...