Rumors That California Not Attractive To Employers, Employees Much Overrated!

There are many, many recent headlines about major employer commitments to California, in spite of what you have been reading otherwise. Relativity, which designs and 3D prints rockets, just leased a 1 million square foot former Boeing manufacturing plant in Long Beach, California. In San Francisco during this past second quarter of 2021, 11  office lease transactions over 50,000 square feet were inked with more than 1.5 million square feet of closed leasing activity. In Silicon Valley, Colliers reported 2.8 million square feet of office space leased April-June 2021, the best showing since the second quarter of 2018. And according to the San Francisco Business Times July 8, 2021, “To the extent that residents are leaving the state, they aren’t leaving in unusually high numbers…the wealthiest Californians are, as a group, the state’s most satisfied residents.”