Office Vacancy Apocalypse Comes To San Francisco
Posted on 09/28/2023
As more historic businesses close in San Francisco, the downtown office vacancy rate is at a low of 30%. Crime and closing businesses have reduced livability. Government tax personnel are also less than pleased, with tax revenue of US$ 141 million, down from US$ 181 million in 2019. Cinemark Holdings and shopping mall operator Westfield…