Tech bubble unlikely to pop anytime soon, new S.F. office data shows

By November 1, 2016Uncategorized
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SAN FRANCISCO — Tech tenants are still competing heavily for commercial office space in San Francisco, a new report from Cushman & Wakefield has found, as slowing leasing has been largely mitigated by a thriving subleasing market.

The firm’s quarterly San Francisco Office Snapshot found that while the overall leasing rate slowed to its lowest in the third quarter since 2001, the companies that were giving up space, like Twitter in Mid-Market, saw their subleased space snapped up almost immediately…