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Economics

Twitter Rent Surge Makes San Francisco Best Office Market

Frank Fudem, a San Francisco broker for office tenants, realized that rents in the city were about to spike as Twitter Inc. agreed to move to a gritty neighborhood and leasing by technology companies started to accelerate.

“Twitter was and is the whole phenomenon,” said Fudem, a partner at real estate services firm Cassidy Turley. “I tell clients to make their deal as soon as they can.”