A High-Stakes Race for San Francisco Office Space

Anyone who has tried to rent an apartment in San Francisco knows that demand is outstripping supply.

Now, imagine you’re one of about 15 companies looking for a 100,000 square foot or larger office space, competing for one of about eight locations on the market.

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Evan Spiegel
Evan Spiegel
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There are 3.6 million square feet of office space currently under construction in the city and 65% of that space is already pre-leased. In Silicon Valley, there are 7 million square feet under construction and 70% is pre-leased.