The Globe’s Jon Chesto reports that the recent return-to-office trend seems to have stalled in Boston – and what we see today might be as good as it gets. But, wait, the BBJ’s William Hall reports that many employers he’s contacted say they plan to “require staffers to spend greater time onsite this fall or at the start of the new year.” … I haven’t a clue who might be right. But what I find interesting is that San Francisco, the office basket case of all office basket cases, is lately seeing a strong rebound in its office market, thanks to AI firms, the WSJ reports. From the Journal:
“In the latest sign of renewed market confidence, Houston-based real-estate investment manager Hines launched a city review process of a planned 1,225-foot-tall office tower at the site of the old Pacific Gas & Electric headquarters. It would be the tallest building on the West Coast and just 25 feet shy of New York City’s Empire State Building.”
File under: For what it’s worth.
