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On September 20, 2017, it was reported that Meta Platforms would lease the entire office portion of the building to form a new San Francisco office. [ 9 ] As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," 181 Fremont had a vacancy rate of 100%, with Meta ...
In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4] However, in 2023, the office vacancy rate in the United States had risen to 12.9%, which was seen as the highest ever since one data collection firm began tracking such statistics in the year 2000. [5]
In the prior quarter, as Fortune previously reported, the office vacancy rate had already reached 19.8%, which was 50 basis points above recessionary peaks recorded in 1986 and 1991, according to ...
In April 2016, Pembroke Real Estate Inc., a Boston–based REIT, acquired 140 New Montgomery as part of its portfolio — its second acquisition in San Francisco. [ 6 ] [ 27 ] [ 28 ] [ 29 ] According to property records, Pembroke paid US$ 284 million for the property, at around US$962 per square foot.
During the COVID-19 pandemic, demand for medical office space stayed at pre-pandemic levels. At the end of 2023, the medical office vacancy rate for the top 100 largest metro areas was only 7.25% ...
In the event the city council fails to fill the vacant position by the end of the 20-day period on Jan. 27, the council must meet and vote every business day until the vacancy is filled. Show comments
According to Hammett, Sam Spade's office was located on the 5th floor. [ citation needed ] As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," 111 Sutter Street had a vacancy rate of 43.9%.
It is the fourth-highest figure for any metropolitan area in the United States, behind San Jose, San Francisco, and Washington, D.C. [60] The Bureau of Economic Analysis estimated that the per-capita income of a Seattle metropolitan area resident was $92,113 in 2022; [61] the previous year, the region ranked tenth in the U.S. for per-capita income.