Today, the Urban Land Institute Fall meeting gets into full swing in San Francisco. The ULI is expecting a record turnout, as it should with most real estate markets buoyant.

When one arrives in San Francisco it is obvious that the technology sector is driving much of the growth. Most buildings on the route into town sport the names of both startup and time-tested technology ventures. This is not surprising, since San Francisco is home to 30 of the NASDAQ 100 and accounts for 47% of the group's overall market cap.

What is surprising, though, is that 32 companies in the Fortune 500 are headquartered in the Bay area, second only to New York City. In this setting, let's see what emerges from the ULI meeting . . . stay tuned for a topline report in next Tuesday's Exec Watch!

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