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Workers are moving outside of the Bay Area and commuting to save on housing, and companies are also locating outside of San Francisco to areas such as Sacramento to reduce occupancy costs, especially for back-office operations.
Recently sold 901 Battery St., an office building located in the North Waterfront-Jackson Square neighborhood, benefits from a recent $5.4 million investment to position the asset for mid-size tech tenants.
The 82,638-square-foot Hotel Trio will be located at 110 Dry Creek Rd., in walking distance of town and a host of local wineries, with an expected completion target of April 2018.
New York City-based developer Hudson Companies has launched construction on the project at 315 Meserole St. that when completed will feature 100,000 square feet of office and retail space, including a rooftop bar with an open terrace, as well as restaurant and event space that will hold nearly 400 people.