Downtown office vacancies jump

For lease signs such as this one at University Avenue and Waverley Street are popping up in downtown Palo Alto. Post photo.

This story was originally printed Dec. 24 in the Daily Post. Pick up the Post in the mornings to get all of the important local news stories — coverage you won’t find online.

Daily Post Staff Writer

Downtown Palo Alto is seeing record levels of office vacancies — more than 15% of offices are empty, according to data by CoStar, a real estate research firm.

“If you walk around downtown, almost every building has a ‘for lease’ sign,” said …

Premium Content: To read the rest of this article, please click here and Sign In or Subscribe to access our paid site.

If you have a Daily Post Archives account, your access includes Premium Content such as this article. Enter your Archives Username and Password, and you will be redirected to the article.

If you are a first-time user, please Subscribe to select a plan that meets your needs, and create an account to view premium content such as this article.

1 Comment

  1. Amazing that the leaders of our city are pushing a business tax with so many businesses dying right in front of their eyes. We need to have council members who aren’t cloistered from the real world. We need less ideology and more common sense on council.

Comments are closed.