The Real Deal New York

National market report: briefs from the most active US markets

March 27, 2009 11:14AM

From the March issue: San Francisco office space re-entered the market and rents dropped by the largest amounts in more than five years in the fourth quarter, according to the San Francisco Skyline Review issued by Jones Lang LaSalle. At 555 Mission Street, which opened in late 2008, nearly 400,000 square feet of office space remains unleased, the San Francisco Chronicle reported. At 333 Bush Street, previously occupied by the now-defunct law firm Heller Ehrman, more than 350,000 square feet is available for rent. Class A rents were $45.87 per square foot at the end of 2008, a 10.7 percent drop from the start of the year. Compiled by Sara Polsky

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