Japan Center Japan Center hosts the Cherry Blossom Festival and Parade, attracting more than 200,000 people each spring.

SAN FRANCISCO—Located at 1737 Post St. in a traditional Japanese neighborhood, Japan Center was designed by architect Minoru Yamasaki and completed in 1968. Japan Center's 108,000-square-foot East and West malls comprise the economic core of Japantown, one of only three such commercial districts remaining in the country.

Japan Center has the third-lowest vacancy rates among 24 neighborhoods, according to city of San Francisco data. Some neighborhoods have plummeted to 27% vacancy, driving the overall San Francisco occupancy rate to 88%, GlobeSt.com learns.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.