Turnaround: Inside San Francisco’s Office Revival

San Francisco’s office recovery has a striking contradiction: Overall vacancy remains elevated, while competition for the best workplaces is increasingly intense. We look inside the Bay Area real estate market, highlighting AI-driven demand, rising trophy rents and the reinvention of The Spear and 301 Battery.

Key takeaways from Presidio Bay’s Cyrus Sanandaji and CBRE’s Conor Famulener:

· Flight to experience is replacing flight to quality

· AI companies are fueling San Francisco's office recovery

· Creating value by reimagining underutilized office assets

· Companies are increasingly using workplace design, amenities and hospitality to attract and retain top talent