The Weekly Take from CBRE The Comeback: Opportunities abound in San Francisco
Feb 17, 2025
34:27
This week we shine a spotlight on San Francisco, a market that is showing increasing signs of shaking off the post-pandemic doldrums. Listen to a wide-ranging discussion as The Bay Area Council's Jim Wunderman and CBRE's Joe Wallace explore the growing impact of AI on local economy and real estate market, opportunities across sectors, public-private collaborations and the city's budding revival.
Share these insights from this week’s episode:
- Tech and AI Potential: The growth of AI is contributing to an economic revival in San Francisco.
- Office-Space Dynamics: Office leasing improved notably in San Francisco in Q4 2024, driven by its strong tech tenant base.
- Housing Development: Increasing the availability of affordable housing is vital for maintaining the city's workforce and economic growth.
- Infrastructure Improvements: Enhancing transportation—including the city’s historic trolley—and other infrastructure systems will support the region's growth.
- Cultural and Tourism Appeal: San Francisco's unique culture, diversity and lifestyle continue to attract talent and investment.