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Commercial real estate in San Francisco finally gets good news in office demand data
Sfgate ^
| 07/26/2023
| Stephen Council
Posted on 07/26/2023 7:00:23 PM PDT by ChicagoConservative27
San Francisco’s commercial real estate fortunes may finally be turning.
Office demand in the city increased 10.2% in the second quarter of 2023 compared with the first quarter, according to data from real estate tech firm VTS. The researchers also found that the city has, since March, seen more prospective office tenants looking for spaces larger than 50,000 square feet.
(Excerpt) Read more at sfgate.com ...
TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: commercial; office; realestate; realty; sanfrancisco
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What's that I smell? Must be BS...
To: ChicagoConservative27
I find this highly dubious. Where is all this new interest coming from?
To: ChicagoConservative27
To: ChicagoConservative27
Pump and dump. Just like in the stock market.
4
posted on
07/26/2023 7:02:35 PM PDT
by
AlaskaErik
(There are three kinds of rats: Rats, Damned Rats, and DemocRats.)
To: ChicagoConservative27
Are the Red Chinese starting to buy it up?
5
posted on
07/26/2023 7:03:03 PM PDT
by
Fiji Hill
To: ChicagoConservative27
6
posted on
07/26/2023 7:06:57 PM PDT
by
EEGator
To: DarrellZero
If it was down 30% and it only went down 20% more, is that up 10%?
7
posted on
07/26/2023 7:07:41 PM PDT
by
EEGator
To: ChicagoConservative27
8
posted on
07/26/2023 7:09:16 PM PDT
by
Bonemaker
(invictus maneo“What were you doing in the store? You were eating the food?”)
To: ChicagoConservative27
9
posted on
07/26/2023 7:12:03 PM PDT
by
snerdly
(No, not THAT Snerdly)
To: AlaskaErik
These are rookie numbers…
10
posted on
07/26/2023 7:14:13 PM PDT
by
EEGator
To: DarrellZero
11
posted on
07/26/2023 7:15:01 PM PDT
by
Lisbon1940
(I don’t see why they would)
To: ChicagoConservative27
Unless the price tanked....
12
posted on
07/26/2023 7:18:34 PM PDT
by
gundog
(It was a bright cold day in April, and the clocks were striking thirteen. )
To: alternatives?
For illegals? That was pretty much my thought. If there was actually an increased demand for space, I bet it was primarily by taxpayer paid space for homeless and illegal aliens, not productive capitalism.
To: LegendHasIt
Who’s paying?
Isn’t it illegal to house people in non residential buildings?
14
posted on
07/26/2023 7:23:01 PM PDT
by
EEGator
To: ChicagoConservative27
5.00% interest in expanding moving to 5.50% interest...
Very impressive.
Not that those are the actual numbers, but this is not
turning the trend > IMO.
Good luck S.F. It isn’t coming back.
Nobody is going to wade through five tents deep to run
a business.
15
posted on
07/26/2023 7:29:07 PM PDT
by
DoughtyOne
(I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands.)
To: EEGator
Isn’t it illegal to house people in non residential buildings? Illegal??
We all know by now that our Government overlords aren't stymied by laws. Those are for the unwashed folks. If the Government wants to house illegal aliens (invaders) in commercial buildings, they will do so.
16
posted on
07/26/2023 7:30:13 PM PDT
by
El Cid
(Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house...)
To: El Cid
May I suggest the Millenium Tower?…
17
posted on
07/26/2023 7:31:37 PM PDT
by
EEGator
To: EEGator
((100*(1-0.3)*(1-.2)=0.56
18
posted on
07/26/2023 7:32:28 PM PDT
by
DoodleBob
(Gravity’s waiting period is about 9.8 m/s²)
To: Lisbon1940
I see what you did there.
To: DarrellZero
SFGate you cannot find a less reliable source
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