San Francisco vacancy – Page 2

WeWork Announces Closures Of 14 Office Sites In California

November 8, 2023 11:58 amNovember 8, 2023 11:58 am

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

October 31, 2023 5:45 pmOctober 31, 2023 5:45 pm

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...

San Francisco’s 165-Year Old GUMP’S CEO Scorns Politicians for Crime, Homeless Drug Addicts

August 14, 2023 8:20 amAugust 14, 2023 8:23 am

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...

San Francisco Office Vacancies Hit New Record – Nearly One-Third are Empty

June 27, 2023 1:11 pmJune 27, 2023 1:11 pm

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...

San Francisco Begins Latest Program to Attempt Bringing Back Retail

April 17, 2023 6:31 pmApril 17, 2023 6:31 pm

A new program by the city of San Francisco to revitalize it’s empty downtown to give free rent and grant money for pop-up businesses was started on Monday, with applications now available. Since 2020, around the start of the COVID-19...

San Francisco Office Vacancy Rates Rise To Nearly 30% In First Quarter 2023

March 28, 2023 3:04 pmMarch 28, 2023 3:06 pm

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...

SF Mayor London Breed Outlines Plans For Downtown Recovery In State Of The City Address

February 10, 2023 1:04 pmFebruary 10, 2023 1:04 pm

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...