While the San Francisco office market has already seen major expansions this year from young companies such as Stripe, Stitch Fix and possibly Twitch, major real estate grabs from startups have started to slow down. Investors have also showed caution about the likelihood that companies looking to grow have been overvalued.
Most of the fights lately has been over smaller amounts of space, as “the number of mid-stage startups going from 10,000 or 20,000 square feet to 100,000 square feet has noticeably diminished,” says a recent market report from brokerage Savills Studley...These 6 tech companies have S.F. office space on their holiday shopping list
Related StoriesEB-5 Investment and the Impact on Commercial Real Estate
National Office Sector Report (Q3 2015)