The CDC’s national moratorium was an unprecedented use of executive authority, and has been challenged by landlords and other parties.
This year, the office sublease supply has increased by 35%, creating an opportunity for some to lease high-quality space with favorable lease terms.
Such is the demand among large tenants for space—especially close to Caltrain or BART—that Bay Meadows developers revised plans for the last two buildings to add 167,000 square feet to the initial 200,000 total.
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