Saturday, July 23, 2022

CBRE research: San Francisco's office vacancy rate rose to 24.2% in Q2 2022, up 0.4% QoQ, as tech companies' flexible return-to-office slows the city's recovery (Jennifer Elias/CNBC)

Jennifer Elias / CNBC:
CBRE research: San Francisco's office vacancy rate rose to 24.2% in Q2 2022, up 0.4% QoQ, as tech companies' flexible return-to-office slows the city's recovery  —  - The office vacancy rate in San Francisco rose to 24.2% in the second quarter from 23.8% in the prior period, according to CBRE research.



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Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

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