New research from Cushman & Wakefield finds that the frenetic pace of office leasing has blown past the dot-com record. As the Business Times explains, there's less space on offer, and it's not really sticking around on the market for long. In wonkier terms: At this time last year, 31 blocks of office space sat on the market, compared with 13 blocks today. Being a rational, numbers-based thing, the report of course doesn't account for the heated Transbay drama currently unfolding—which could complicate matters for some of those already planned office projects. [SF Business Times; previously]
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