Bay Area office market flounders with empty space but demand jumps
The Bay Area office market remains feeble, battered by brutally high levels of empty spaces -- but the hunger by tenants to lease offices is starting to surge.
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The Bay Area office market remains feeble, battered by brutally high levels of empty spaces -- but the hunger by tenants to lease offices is starting to surge.
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The owner of a San Jose office building whose loan has toppled into delinquency and default has filed for bankruptcy, potentially a last-ditch quest to ward off a property foreclosure.
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Santana Row in San Jose has landed a big office lease in a deal that suggests top-notch office complexes can still attract tenants despite a moribund Bay Area office market.