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Tech firms continue to represent a majority of demand in San Francisco at more than 40.0 percent, with a focus on plug-and-play space increasing as more firms watch the bottom line.
As construction costs rise further, attracting tenants remains a balance between modern design features and amenities. With a lack of preleased space for new construction, tenants will likely have the ability to leverage a number of options—albeit at a premium.
San Francisco or New York?
Both cities bring high average office rents, but which city gives you better "bang for your buck"?
Find out what's happening in the local commercial real estate world with the latest trends, events, developments and transactions across the Bay Area.
This plan is set to significantly expand the amount of potential development for residential, commercial and office development in this technology-driven submarket.
See how JLL transformed this Class A building into a state-of-the-art LEED-certified facility that saw a new tenant signed within 60 days of the project's completion.