Real Estate

San Francisco’s Office Demand Surges, Largely Thanks to AI Companies

  • City’s office demand gained about 10% in the second quarter
  • Companies are seeking large spaces to rent, according to VTS
WATCH: Commercial real estate is facing a crisis Source: Bloomberg
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The worst of San Francisco’s office pain is showing signs of easing.

Demand for offices in the city grew about 10% in the second quarter from the previous three-month period, according to VTS, a commercial real estate technology firm. The company tracks demand by measuring tenants touring office properties and looking for space in key US markets.