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San Francisco commercial real estate is taking a hit as office vacancies reach a new all-time high. Real estate firm Cushman Wakefield reported that vacancies notched 34.5% in the second quarter ...
Still, data from property adviser CBREshows that San Francisco's office vacancy rate of 37% is the highest of any big U.S., according to the Financial Times.
In the second quarter of this year, “the office sector set a record vacancy rate at 20.1%, breaking the 20% barrier for the first time in history,” a Moody’s analysis published today read ...
t. e. Single-room occupancy ( SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1] SRO units are rented out as permanent residence and/or primary residence [2] to ...
140 New Montgomery Street is a 26- floor Art Deco mixed-use office tower located in San Francisco 's South of Market district, close to the St. Regis Museum Tower and the San Francisco Museum of Modern Art. [2] Constructed in 1925 as a modern headquarters for The Pacific Telephone & Telegraph Co., it was originally known as The Pacific Telephone & Telegraph Company Building or simply the ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [1] [2] In terms of law, real relates to land property and is different from ...
According to real estate company Savills, San Francisco had one of the lowest office availability rates in the U.S. before the pandemic at 9.5%; however, vacancy is now at 36.3%, up from 35.1% ...
The rental vacancy rate is an economic indicator which measures the percentage of rental homes or commercial spaces that are vacant .