San Francisco, the beating heart of the tech industry and once a symbol of booming office space, now finds itself facing a stark reality: vacant skyscrapers and echoing hallways. With a record-breaking 35.9% vacancy rate, the San Francisco office space market paints a picture of towering emptiness, raising questions about its future. A Perfect Storm… Read More »
Imagine it: Silicon Valley, pulsating with the frantic energy of innovation, overflowing with tech titans building empires in glass-and-steel castles. Laptops glow like bioluminescent plankton, minds churn like supercomputers, and the air vibrates with the collective hum of ambition. This was the West Coast office landscape, a gilded utopia of collaboration and caffeine. But as… Read More »
San Francisco continues to be a compatible city for business and technology. Whether it’s the beauty of the Golden Gate Bridge, the history of Alcatraz, or the mystic of Union Square, San Francisco is full of cultural diversity. The Salesforce Tower also has a rich history in San Francisco. Here is a bit of history… Read More »
[panoembed]/VirtualTours/seattle/WorldTradeCenter/[/panoembed] Click Here to view in full screen (recommended) Interactive high definition 360-degree office space virtual tours are becoming more popular in the commercial rental industry. They provide an invaluable service to prospective tenants who want to ensure that buildings are a good fit before scheduling time consuming in-person walk-through tours. Virtual tours make it… Read More »
When I was in San Francisco in January, I had the opportunity to visit and photograph two of Regus’ premier south financial district locations. This is the first of those two; office space at 201 Mission Street. [panoembed]/virtualtours/San-Francisco/201mission/[/panoembed] Click here to view in full screen (recommended) Other than being beautiful space with great views the… Read More »
In the second quarter of 2015, the Seattle metro area — which includes the urban areas in King and Snohomish counties — led the nation’s metro markets in in office rental rate annual increases. While Seattle’s office rental rate increases are high, they are not the only office market in the US seeing significant increases… Read More »
The curated cloud development community with the less-than-ethereal name of Heavybit Industries has only been in its current office space in San Francisco’s SOMA (South of Market) location since the summer of 2012, but they’ve already changed everything about the way we think of great office space. When architectural firm IwamotoScott was presented with the challenge… Read More »
Lawrence Yun, the chief economist at the National Association of Realtors recently reported that the “Growth in commercial real estate sectors continues at a moderate pace from a very slow pace of absorption, despite job additions to the economy. Companies appear hesitant to add new space.” The good news is that the pace of the… Read More »
Technology is changing the world we live in and the way we work. It is allowing much more flexibility in where and how we work. The Millennial, Gen X and Gen Y generations, now in the workforce, have grown up in the digital age and have very different work / life requirements that have been… Read More »