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Yeah, offices are cheaper in SF for now....or so they say. The rates we were seeing were pretty astronomical in all of the places that startups want to go (i.e
by timr 14y ago
Yeah, offices are cheaper in SF for now....or so they say. The rates we were seeing were pretty astronomical in all of the places that startups want to go (i.e. SOMA and the Mission).
But there's no way that situation is sustainable, unless SF has plans to engage in a massive office building project in the next six months.
I'm with you on finding space outside the immediate transit areas, though. Even in SF, moving your office 10 minutes from BART will save you thousands of dollars a month.
- rdl 14y agoSF actually has pretty decent stock of light industrial; they can just keep pushing out "dirty" industries as their leases come up, except that a lot of them actually bought their own real estate during the post-2001 dip.
- timr 14y agoTrue, if you count the areas south of Potrero. But I can't see startups ever moving out there, if they're unwilling to move to (say), the Inner Sunset or Richmond. SOMA seems to be getting pretty full-up. A lot of the light industrial that was here a few years ago is gone, and startups are pushing into the Potrero Hill area, where nobody would even think about going a few years back. I remember how long the Zynga building sat mostly vacant, and how all of those buildings on Townsend had vacancies back in 2008. They're all full now.