Any investor that claims an industry is only going to continue growing today is quickly reminded of both the subprime mortgage crisis and the dot.com bubble of 10 years ago. So while the nation’s current top bubble candidate-the frothy technology sector-doesn’t seem to be cooling, office market specialists continue to view the San Francisco Bay area with caution.
Just *literally* had this debate w some1. Is there a bubble in SF, and how bad could it end? I agree with the comments. #Office @SF @CCIM
Wondering what are the most expensive markets in the country to lease office space? Commercial real estate services firm CBRE has just published its Global Prime Office Occupancy Costs report, which looks at occupancy costs in class-A buildings in prime locations. Below we list the most expensive markets in the United States.
Mid Manhattan @ $127psf. #SF @ $116psf…and still climbing…Even the Peninsula is at $93psf. #Office @CCIM @SIOR
5 USA streets where #retail rents have the greatest growth