2018 a Record-Setting Year to Remember for San Francisco Office Market

Year Ends with More Large Tech Deals, Positive Trends, but Supply Could Impact Growth Ahead SAN FRANCISCO, Calif. – January 10, 2019 – 2018 was a year for the San Francisco history books, according to Cushman & Wakefield’s year-end office market report. The firm’s quarterly publication revealed San Francisco produced a number of records this past year in the dominant office sector, including record high rents and new construction deliveries. In addition, vacancy reached a three-year low, while tenant requirements (demand) held strong. Also favorable to the market’s economic stamina, the most recent San Francisco metropolitan division (San Francisco and San Mateo counties) unemployment rate was a minimal 2.2%, dropping even further below the year ago figure of 2.6%. Year-over-year (YOY) total private sector jobs increased by 2.0% to 1,023,600 while office using positions increased 2.5% to 397,400. Overall San Francisco office market vacancy closed 2018 at just 6.4%, with [...]

C&W In The News – May 2015

Smelling the Social Media Coffee "Smelling the Social Media Coffee" is a state of being that refers to individuals who regularly participate and interact with one or several of the social platforms that are part of today's social stratosphere. Their participation is often rewarded by news mentions in local and national press. Of course not everyone has time to consistently engage with social platforms, but it's a good idea to set aside at least 15 to 30 minutes per week to become more familiar with some of the more popular, business related online vehicles. Bold & Extra Bold: LinkedIn & Twitter LinkedIn and twitter are two of the most established and easiest to engage with on a consistent basis. Contributing to blog posts by writing articles and commenting on stories is also a good idea. In the long run, it establishes you as an "expert in your field" and helps build [...]