Real Estate/Development
Jul. 15, 2003
Hopes for San Francisco Office Recovery on Hold
BY MICHAEL GOTTLIEB CREJ Assignment Editor All it took to bring a measure of optimism back to the battered San Francisco office market was 56,194 square feet of positive absorption in the first quarter of 2003, the first positive absorption in nine quarters.
BY MICHAEL GOTTLIEB
CREJ Assignment Editor
All it took to bring a measure of optimism back to the battered San Francisco office market was 56,194 square feet of positive absorption in the first quarter of 2003, the first positive absorption in nine quarters.
Bay Area optimists faced a substantial setback last week, however, when Colliers International released second quarter office figures showing that the vacancy rate had risen to 17.4 percent,...
CREJ Assignment Editor
All it took to bring a measure of optimism back to the battered San Francisco office market was 56,194 square feet of positive absorption in the first quarter of 2003, the first positive absorption in nine quarters.
Bay Area optimists faced a substantial setback last week, however, when Colliers International released second quarter office figures showing that the vacancy rate had risen to 17.4 percent,...
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