San Francisco’s office recovery has a striking contradiction: Overall vacancy remains elevated, while competition for the best workplaces is increasingly intense. We look inside the Bay Area real estate market, highlighting AI-driven demand, rising trophy rents and the reinvention of The Spear and 301 Battery.


Key takeaways from Presidio Bay’s Cyrus Sanandaji and CBRE’s Conor Famulener:

 

·      Flight to experience is replacing flight to quality

·      AI companies are fueling San Francisco's office recovery

·      Creating value by reimagining underutilized office assets

·      Companies are increasingly using workplace design, amenities and hospitality to attract and retain top talent

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