Serious rent increase just around the corner…

Much of the new office buildings under construction or planned for 2015/2016 completion have already been pre-leased. Salesforce, which just leased 716,000 square feet at the Transbay terminal, has an estimated $950 million leasehold, and LinkedIn followed with their announcement of leasing 450,000 square feet on Second Street. Predictions are: serious rent increase, just around the corner…

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