Erik Hanson is an investment sales broker for JLL that has been selling office buildings in San Francisco for the past 15 years. His team has been especially busy over the past 12 months selling most of the deals you see in the news like 60 Spear, 115 Sansome, etc.
Our conversation covered many topics, including:
- Summary recap of the office market from 2009 to today
- Recent transactions
- How buyers are valuing vacant vs leased buildings
- Tenant demand / current market rent
- Market vacancy in Class A vs B/C buildings
- Changing work-from-home trends
- Acquisition financing