San Francisco real estate booming again.(BAY AREA)

Kiplinger California Letter, The,  April, 2007  

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S.F. commercial real estate is booming again. Yahoo, Google and Microsoft are leasing entire floors of office buildings, and tech start-ups are filling space. Vacancy rates for Class A space are about 8.8%, dropping by half since 2004. Rents of $35 per sq. ft. are up from $25 three years ago. Figure on them rising to $45 this year.

Office construction will improve after being cut back during the dot-com bust. Most new buildings have been condominiums.

S.F.'s ...

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