Despite high-profile deals, high office vacancy rates haunt Bay Area’s three major downtowns
Sky-high office vacancy levels haunt Bay Area’s three major downtowns The Big PictureDowntown office markets across the Bay Area — including San Jose, San Francisco, and Oakland — remain stuck with vacancy rates above 30%, despite a wave of high-profile leasing activity driven largely by AI firms. A new report from Cushman & Wakefield shows […]
OpenAI Leases 5-Building Mountain View Office Campus
OpenAI Leases 5-Building Mountain View Office Campus The Big Picture OpenAI has leased a five-building, 450,000-square-foot campus at 350–380 Ellis Street in Mountain View, marking a major expansion beyond its already massive San Francisco footprint. The campus, owned by KKR Real Estate Finance Trust and managed by TMG Partners, was recently repositioned with high-end amenities […]