Positive Office News For San Francisco!
According to the San Francisco Business Tims February 28, 2025, “A majority of San Francisco business leaders said their companies have plans to expand their offices in the city as they both push for more in-person work and grow headcount, according to a survey by KPMG. Three-quarters of the 100 San Francisco-based executives surveyed by KPMG said they planned in increase their commercial real estate footprints over the next 12 to 18 months. That comes as 79% of respondents are trying to bring heir employees to the office more frequently, and 66% sad they plan to increase headcount this year.” In the same newspaper the owner of the Transamerica Pyramid said he expects to soon be 80% leased and his asking rent for the top-floor space is $300/rsf. Wow!