Union Square Retail Vacancy Slides to 15% as San Francisco’s Downtown Comeback Gathers Momentum

Luxury tenants expand footprints and lease deals proliferate, but a 28 percent office vacancy and Grosvenor's Bay Area retreat underscore the fragility of the recovery San Francisco's Union Square is staging a comeback. Retail vacancy in the district that generates roughly 40 percent of the city's general fund tax base has fallen to about 15 […]