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Why Is Downtown San Francisco Office Rent So High?

Two Reasons This Downturn is Not Like Previous Cycles
CoStar Analytics
April 6, 2023 | 9:10 P.M.

Over the course of economic cycles, commercial office markets usually follow a similar pattern. Falling tenant demand for office space causes vacancy to increase and rents to fall. Eventually, the market bottoms, demand resumes, and another round of growth begins.

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