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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 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]
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%.
As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," the building had a vacancy rate of 21.1%. [ 20 ] On September 6, 2024, a pane of glass fell from the roof level of the building and damaged ground floor windows of the neighboring Millennium Tower .
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Salesforce West, also known by its address 50 Fremont Center, is a 43-story, 183 m (600 ft) high-rise office building completed in 1985 at Fremont and Mission Streets on the boundary of the financial district and SoMa of San Francisco, California. The stepped-back facade design of the building resembles Eliel Saarinen's Tribune Tower design. [5]
Benderson Development Co. bought the building and related land parcels for $25 million in 2021 and leased it back to the county through 2025 for $1 million a year.. County offices will move to the ...