bio and tech companies are signing and doing huge office deals!

With the much higher cost of living, housing, office rents, and everything else in the Bay Area than most of the other parts of the United States, bio and tech companies are still signing and doing huge office deals! Google just signed for 166,460 square feet at Rincon Center I in downtown San Francisco, Five Prime Therapeutics signed for 115,466 square feet at Oyster Point, Global Blood Therapeutics inked 67,000 sf at the same South San Francisco project, and a few days ago Uber leased 580,000 square feet of new office space in San Francisco’s Mission Bay.

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