Part 2 of 2
SAN FRANCISCO—In part one of this two-part interview with Paula S. Crow, new partner at Sedgwick LLP, who will focus on the real estate and finance practice in the firm's San Francisco office, she talked about the local market being extremely strong and there are no apparent dark clouds on the horizon from a demand standpoint. In part two, she talks about tech employees, the biggest risk to this continued growth, and the housing crisis, noting that the very large cohort of tech employees who are under 40 have made it very clear they are not interested in suburban life.
“This is the group that is the true driver of San Francisco commercial real estate,” she tells GlobeSt.com. “The desirability of this group to tech employers has spurred more net absorption of commercial space in San Francisco and more construction cranes across the expanding business district than the City has seen since the mid-1980s.”
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