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San Francisco Bay Area Proves 19th Strongest Economy in The World

Dec 15, 2021 | Posted by Jeff Weil | Califorina Business, California Economics, Commercial Real Estate, Commercial Tenant Improvement Contractor, Employment, National Economu, Newsletter, Office Space, Real Estate Landlords, Residential Real Estate, Residential Real Estate Agents, The Office Market, Trends, U.S. Economics, World Economy |

If the San Francisco Bay Area were it’s own country, it would be ranked #19 in the world in terms of largest economy.  Recent major corporate expansions in this region have bolstered this well-deserved reputation. LinkedIn just expanded its Sunnyvale headquarters by committing to a number of new office buildings to be developed. Meta, formerly Facebook, just leased 1.2 million square feet of office space in Sunnyvale and Burlingame. Meta now leases or owns more than 11.2 million square feet of office space in the Bay Area, while Google and its affiliates own or lease another 32.5 million square feet.  This past March, Apple leased 698,000 sf in Sunnyvale and now has over 19 million square feet of office space in the Bay Area.

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  • Jeffrey Weil
  • Colliers International
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  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

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