With national office vacancies still above 17 percent (and yes, they reportedly fell all the way from 17.6 percent to 17.3 percent …
12th January, 2012 - Posted by Jeffrey S. Weil, MCR.h, SIOR - No Comments
so landlord brokers can claim the market is tightening and tenant rep brokers can say, wow, there sure is still plenty of office vacancy to still call this a tenants market … ) … meanwhile, San Francisco South of Market is the envy of most regions in the U.S. as they have almost run out of available office space and boast a vacancy rate of 3.3 percent! And in another sub region of San Francisco, downtown, Sales force just signed 400,000 square foot 18 year office lease worth $339 million …
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Posted on: January 12, 2012
Filed under: Business Expenses, Commercial Properties, Hiring, Office Leasing, Real Estate Investment, State of California, Technology, The Economy, unemployment
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