Gap lists 162K SF building, home of its Athleta brand, for lease or sale.

Office sector closes 2022 with annual net absorption of minus 1.6M SF.

As formal bidding starts, state requires $500M license fee.

REIT closes out 2022 with a $336M acquisition of 10 more infill properties.

Proposals totaling $1.2B would convert unused office space into 1,000 apartments.

32K units expected, most pre-sold to investors planning to rent them out.

Layoff of 8K comes on top of 9K in Q4 tech job losses in Bay Area.

Prices drop 4.7%, the first dip since 2020, with fewest signed contracts since 2008.