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...
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...
A new report released on Friday found that San Francisco currently has the worst downtown recovery rate of large cities in the US and Canada, coming in with only 32% recovery of activity before the COVID-19 pandemic. According to the...
Salesforce, one of the largest companies in the Bay Area, continued to vacate San Francisco this week by completely moving out of the Salesforce East tower, with all of their formerly occupied floors going to lease. Founded in San Francisco...
The office vacancy rate for San Francisco rose to 29.4% during the first quarter of 2023 according to a new study on Tuesday, with the continued pullout of tech firms due to massive downsizing cited as the main reason. Before...
San Francisco Mayor London Breed gave her annual State of the City address on Thursday, outlining her plan to save the Downtown area of the city amid record low office occupancy, tens of thousands being let go from Bay Area tech...
Vacancy rates in San Francisco hit an average of 27% in 2022 according to the CBRE real estate firm this week, jumping up from 19% in 2021 and 4% in 2022, becoming the highest vacancy rate the city has seen...