Articles Recently Tagged: Tech Impact

(16 posts)
Net Absorption of Office Space in San Francisco Has Dropped

Net Absorption of Office Space in San Francisco Has Dropped

Having slipped a nominal $0.11 per square foot (0.1 percent) in the first quarter of 2017, the average asking rent for office space in San Francisco inched up $0.50 per square foot (0.6 percent) in the second quarter of the year to an all-time high of $70.16 per square... Read More »

Noe Valley ‘T House’ Back on the Market with an Eye-Popping Price

Noe Valley ‘T House’ Back on the Market with an Eye-Popping Price

Having traded from a former Google engineer to a former Facebook engineer for $6.1 million in 2011, the Ogrydziak/Prillinger Architects (OPA) designed “T House” at 526 Duncan Street, which was built in 2005 and first sold for a record $5.3 million, is now back on the market with a... Read More »

Office Rents in San Francisco Slip, Vacancy Rate Inches Up

Office Rents in San Francisco Slip, Vacancy Rate Inches Up

Having inched up 0.8 percent at the end of 2016 to an all-time high of $69.77 per square foot per year, the asking rent for office space in San Francisco slipped a nominal $0.11 per square foot (0.1 percent) in the first quarter of 2017. And while rents remain... Read More »

Office Rents Hit a Record High in SF but Barely Budged Last Year

Office Rents Hit a Record High in SF but Barely Budged Last Year

Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in the fourth quarter and ended 2016 at a record high of $69.77 per square foot per year, up a... Read More »

Spillover Demand from SF Slows but East Bay Office Rents Tick Up

Spillover Demand from SF Slows but East Bay Office Rents Tick Up

Asking rents in Oakland’s Central Business District ticked up 1.2 percent in the third quarter and are now running 20 percent higher on a year-over-year basis while the asking rent for office space across the greater East Bay market gained 3.7 percent and is 8.6 percent higher versus the... Read More »

Twitter Shedding Space for 1,400 Employees

Twitter Shedding Space for 1,400 Employees

Twitter is seeking to “immediately” sublease the entire seventh floor of its Mid-Market headquarters at 1355 Market Street, along with the entire fourth, fifth and sixth floors in the adjacent One 10th Street building. The four Market Square floors total over 180,000 square feet of space and represent nearly... Read More »

Self-Driving Truck Tech Headed for San Francisco’s Waterfront

Self-Driving Truck Tech Headed for San Francisco’s Waterfront

It has been almost three years since the Port of San Francisco awarded TMG Partners the redevelopment rights for San Francisco’s Pier 38, with TMG winning over the Port with a pitch that emphasized the speed with which they planned to act and an “immediate revitalization” of the pier... Read More »

Anti-Tech Posters Now Flying in Front of Zeitgeist

Anti-Tech Posters Now Flying in Front of Zeitgeist

As we first reported a few months ago, plans for razing the Oil Changers station at 198 Valencia Street, across from Zeitgeist at the intersection of Valencia and Duboce, and building 28 new condos over 6,000 square feet of new ground floor retail space on the site were moving forward.... Read More »

Office Vacancy Rate in San Francisco Jumps the Most since 2009

Office Vacancy Rate in San Francisco Jumps the Most since 2009

Citing the emergence of “slow or no growth policies” amongst both start-ups and more established local firms, the office vacancy rate in San Francisco jumped 1.6 percent in the second quarter of 2016, the largest quarterly increase since the first quarter of 2009, according to data from Cushman &... Read More »

Square Prices at 42 Percent Below Last Private Round

In an attempt to engineer a big post-offering pop, and avoid an infectious fizzle, Square (SQ) priced its shares, which will start trading Thursday, at $9 apiece. The $9 price is 18 percent below the low-end of the expected range and 42 percent below the $15.46 price at which... Read More »