The San Francisco Business Times still hasn’t given an opinion on what the recent deluge in available subletting square footage in San Francisco means, but their latest report gives an impressive breakdown of the various reasons that San Francisco companies (tech and non-tech, alike) are shedding space.
And, while an absence of office space may strike some as an indicator that tech firms are in decline, apparently there is “nowhere near the amount of vacant sublease space recorded during the dot-com bust just after the turn of the century”. The canary died of natural causes.
