Category: San Francisco commercial real estate 2018 (1)

According to Bisnow, the 2018 commercial real estate market for San Francisco is expected to be positive. From industrial to residential, all SF product types are still in an up-swing. Per the article, even with a possible recession looming in the next few years, industry experts believe it could be a less than 2% of GDP, while the 2008 recession was 4.1%, for comparison.

Developers too, are positive about where San Francisco CRE is headed in 2018 with the demand for housing, office, bio-tech and industrial still holding strong. With high profile and large re-development projects under way such as the 850K square feet of office at the previous San Francisco Tennis Club and the 5M square feet of office at the Shipyard/Candlestick site, San Francisco will have the product to entice future businesses to re-locate and give local companies the opportunity to expand.