Part 2 of 2
SAN FRANCISCO—In part one of this two-part interview withPaula S. Crow, new partner at SedgwickLLP, who will focus on the real estate and financepractice in the firm's San Francisco office, she talked about thelocal market being extremely strong and there are no apparent darkclouds on the horizon from a demand standpoint. In part two, shetalks about tech employees, the biggest risk to this continuedgrowth, and the housing crisis, noting that the very large cohortof tech employees who are under 40 have made it very clear they arenot interested in suburban life.
“This is the group that is the true driver of San Franciscocommercial real estate,” she tells GlobeSt.com. “The desirabilityof this group to tech employers has spurred more net absorption ofcommercial space in San Francisco and more construction cranesacross the expanding business district than the City has seen sincethe mid-1980s.”
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