Trade unions, labor costs and energy regulation combine to push up office fit-out costs in the San Francisco Bay Area.
A total of 8.5M SF has been leased so far in 2026, with AI firms taking 415K SF, according to JLL.
Limited growth in office-using jobs through 2030 is likely to keep vacancy rates elevated, although there's wide variation dependent on the pace of AI adoption.
AI startup Anthropic signed a 240K SF, long-term direct lease at 500 Howard St. It had subleased the space from workplace messaging platform Slack.
The fund manager capped redemptions after investors sought to pull billions from two private-credit funds.
CRE should embrace artificial intelligence to stay competitive in the rapidly evolving technology landscape, said Ben Miller, co-founder of RealAI.
A Bisnow analysis shows how data centers have spread across the country, driven by factors like power availability and political pushback.
If built, it would massively scale up worldwide semiconductor chip manufacturing and computing power.
Mack Real Estate Group is offering $100M in nonperforming debt that is backed by a historic San Francisco financial building.
The parent of Facebook and Instagram will take all of the townhouse where it has been operating a pop-up store.
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