Q423 Report: The Shifting Sands of San Francisco’s Office Market in an Unsteady Economy

As the final quarter of 2023 unfolded, the San Francisco office market presented a complex narrative, marked by persistent macroeconomic challenges and a shifting work culture. The Federal Reserve’s rigorous measures to curb inflation by maintaining high interest rates, a strategy not seen in over two decades, significantly impacted the cost of capital. This scenario […]