San Francisco Will Lose 80% Of Dot-Coms

A report by real estate company Cushman & Wakefield Inc. predicts that the dot-com industry in S.F. will collapse in the next year.

1 minute read

March 30, 2001, 5:00 AM PST

By Chris Steins @planetizen

"The study, which focuses primarily on how commercial real estate will be affected by the technology shakeout, estimates that Internet-related companies will give up another four million square feet of real estate in the next year, a huge amount of office space. That number was based on the Internet closure projections, coupled with a review of nearly 1,000 lease transactions in San Francisco and sublease space that already is available." Suddenly, office space in San Francisco seems much more affordable.

Thanks to Tom Collins

Read the full story: Study: SF to lose 80 percent of dot-coms

Thursday, March 29, 2001 in Wall St. Journal

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