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Salesforce Tower Salesforce Tower has no available large floorplates, like much of San Francisco’s space (credit: archpaper).

SAN FRANCISCO—Frantic might be the word to accurately describe the market’s critical supply/demand imbalance as of today. The total square footage of tenants seeking space in the market rose to 7.1 million square feet during the first quarter, surpassing the level of existing available supply by nearly 300,000 square feet, according to CBRE research.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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