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San Francisco Office Space Overview

Nov. 9th, 2010
in Real Estate
by Nathaniel Potter

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San Francisco is the fourth most populous city in California, and the twelfth most in the United States.

San Francisco is home to more than 70 million square feet of commercial real estate. Home to a wide array of industries, the environment the office space in San Francisco is unique, has character, a high level of educational achievement and creative accomplishments. These industries include IT & Software, Life Sciences & Biotech, Clean Technology, Professional Services, Digital Media & Entertainment and International Business. The San Francisco Bay Area and Silicon Valley are home to more than 4133 IT firms.

San Francisco is a birthplace of entire industries, as a magnet to highly skilled professionals, as a wonderful place to live-San Francisco is unsurpassed. It’s the innovation center for the knowledge-based economy. Its businesses grow from a top-tier network of research centers and universities, and it serves as the hub to thriving technology and transportation frameworks that link it instantly to the world.

Commercial real estate in San Francisco is found in two distinct areas are divided into approximately nine sub markets, each with specific characteristics. Jackson Square, for instance, has mostly older, mid-rise and low-rise buildings. The Central Business District (CBD) houses extensive office and retail space.

What are some of the benefits of doing business in San Francisco office space? Some of these incentives include: Enterprise Zones, California New Hire Tax Credit, Employment Training Panel and many more. City, county and federal incentives are also huge business benefits.

Resource 2: Learn more about San Francisco office space.

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