San Jose, Oakland, San Francisco downtown office markets stay weak

San Jose, Oakland, San Francisco downtown office markets stay weak

a year ago
Anonymous $Xhdy3By1G_

https://www.siliconvalley.com/2025/05/21/economy-tech-san-jose-oakland-bay-area-office-property-jobs-develop/

Sky-high office vacancies continue to haunt the downtown districts of San Jose, Oakland and San Francisco, an economic malady that has left at least one-fourth of the office space empty in all three urban cores.

While some glimmers of hope have emerged for the central business districts of the three cities, their vacancy rates remain at brutally high levels, according to a new report from Colliers, a commercial real estate firm.