Future of work newsletter free subscription Future of work newsletter free subscription Future of work newsletter free subscription
  • Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Nexudus - Tech Stack Lovers
Home News CRE

Boston Properties Anticipates Recovery For Bay Area’s Office Market

Boston Properties is expecting San Francisco’s office market to recover, with companies like Facebook and TikTok looking to expand their footprint in the region.

Aayat AlibyAayat Ali
November 3, 2021
in CRE
Reading Time: 1 min read
A A
Boston Properties Anticipates Recovery For Bay Area

More stories for you

FedEx Slashes Jobs And Facilities As Part Of $2 Billion Restructuring Plan

FedEx Slashes Jobs And Facilities As Part Of $2 Billion Restructuring Plan

16 hours ago
Tech Giants Spend Over $1 Billion To Buy Back Into The U.S. Office Market

Tech Giants Spend Over $1 Billion To Buy Back Into The U.S. Office Market

16 hours ago
The U.K. Just Proved Gender Equality Is A Win For All Workers

The U.K. Just Proved Gender Equality Is A Win For All Workers

3 days ago
Trump’s “Big Beautiful Bill” Just Changed the Rules on Tipped and Overtime Pay — Here’s What Workers And Employers Need To Know

Trump’s “Big Beautiful Bill” Just Changed the Rules on Tipped and Overtime Pay — Here’s What Workers And Employers Need To Know

5 days ago

Social media giants Facebook and TikTok are expected to expand their footprint in Silicon Valley to around 1 million square feet combined, indicating that tenants want to commit to office space according to Boston Properties CEO Owen Thomas. 

Facebook is seeking to add 700,000 square feet, while TikTok’s parent company ByteDance would add 300,000 square feet in the region. 

Advertisements
Maximize Flexible Space Revenue

“These examples support our repeatedly stated position that tenants are committed to the office as their location of choice to collaborate, innovate and train, all critical for their long-term success,” said Thomas during a Q3 conference call.  

These expansions provide an optimistic sign that the region’s office market is finally starting to rebound after struggling to recover from pandemic-related losses.  

Advertisements
Yardi Kube automates flex and coworking operations

For Boston Properties, San Francisco’s largest landlord, the company’s Bay Area properties were around 18% occupied during the last quarter, which is the lowest in the company’s portfolio. 

According to President Doug Linde, the lag in recovery for San Francisco may be due to continued remote working and mask mandates. 

Advertisements
Subscribe to the Future of Work Newsletter
Source: Bisnow
Tags: BusinessCRE
Share5Tweet3Share1
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

Other Stories Recommended For You

FedEx Slashes Jobs And Facilities As Part Of $2 Billion Restructuring Plan
News

FedEx Slashes Jobs And Facilities As Part Of $2 Billion Restructuring Plan

byAllwork.Space News Team
16 hours ago

FedEx is moving forward with significant job reductions and facility closures in the U.S. as part of a multiyear effort...

Read more
Tech Giants Spend Over $1 Billion To Buy Back Into The U.S. Office Market

Tech Giants Spend Over $1 Billion To Buy Back Into The U.S. Office Market

16 hours ago
The U.K. Just Proved Gender Equality Is A Win For All Workers

The U.K. Just Proved Gender Equality Is A Win For All Workers

3 days ago
Trump’s “Big Beautiful Bill” Just Changed the Rules on Tipped and Overtime Pay — Here’s What Workers And Employers Need To Know

Trump’s “Big Beautiful Bill” Just Changed the Rules on Tipped and Overtime Pay — Here’s What Workers And Employers Need To Know

5 days ago
Advertisements
Nexudus - Tech Stack Lovers
Advertisements
Workspaces Run Better On UltraSoftBIS

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00