Real Estate/Development
Sep. 2, 2000
Revved to the red-zone
By Eric Von Berg The dot-com sector may have lost steam but the Bay Area economy shows few signs of slowing down. Bay Area employers created 10,000 new jobs in June alone. Like a never-ending game of musical chairs, swarms of tenants are circling too few available spaces from San Francisco through San Jose. Tenants are paying more and often accepting less.
By Eric Von Berg
The dot-com sector may have lost steam but the Bay Area economy shows few signs of slowing down. Bay Area employers created 10,000 new jobs in June alone. Like a never-ending game of musical chairs, swarms of tenants are circling too few available spaces from San Francisco through San Jose. Tenants are paying more and often accepting less.
BT Commercial's first-quarter 2000 report describes the geographic center of this market, the San Francisco ...
The dot-com sector may have lost steam but the Bay Area economy shows few signs of slowing down. Bay Area employers created 10,000 new jobs in June alone. Like a never-ending game of musical chairs, swarms of tenants are circling too few available spaces from San Francisco through San Jose. Tenants are paying more and often accepting less.
BT Commercial's first-quarter 2000 report describes the geographic center of this market, the San Francisco ...
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