CBRE Report: San Francisco is Tech Unicorns’ Largest Stable

CBRE, San Francisco, Bay Area

cbre report unicorns

There are 60 tech unicorns, private companies valued at $1 billion or more, with a presence in the Bay Area. San Francisco has the highest concentration of these firms, with 16% of tech-occupied inventory taken by 40 unicorns. Their expansion has helped fuel San Francisco’s rapid market growth in recent years, but raises concerns that San Francisco could feel a bigger impact in the event of a major tech industry slowdown.

Source: CBRE Research

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