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500 Pine 500 Pine, a 56,179-square-foot office building, sold to Heitman (credit: Vantage Point Photography).

SAN FRANCISCO—Tenants occupying newly completed buildings drove net absorption, maintaining the momentum from the first half of 2018. All developments slated to deliver through 2020 are pre-leased, limiting near-term leasing activity to frictional relocations and movement created by downsizing space returning to market, according to JLL’s third-quarter office report.

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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