Luxury Real Estate in San Francisco: A Growing Trend
The demand for commercial real estate also soared alongside the tech boom. Companies sought prime office spaces, particularly in areas like SOMA (South of Market), where rents for Class A office buildings reached record highs of $92 per square foot in 2019. However, with the pandemic fueling remote work trends, commercial real estate in San Francisco has begun a notable shift. Vacancy rates in 2023 remain above 20%, a stark contrast to the near-zero rates of the pre-pandemic era. Real Estate san francisco, a city renowned for its iconic skyline and vibrant culture, has also become synonymous with tech innovation. To get more info visit here #RealEstatesanfrancisco
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