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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Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.