Wall Street Journal (April 17)
2024/ 04/ 18 by jd in Global News
Marking “a sharp reversal” from years of “bolstering their office footprints,” Big Tech is now “downsizing workspace in another blow to office real estate.” Especially hard hit, “San Francisco’s office-vacancy rate hit a record 36.7% in the first quarter,” roughly ten times worse than early 2019 when it stood at 3.6%.
Tags: 2019, 3.6%, 36.7%, Big tech, Downsizing, Footprints, Office, Real estate, Record, Reversal, San Francisco, Vacancy, Workspace
