SAN FRANCISCO | Projects: Under Construction, Approved, and Proposed

[minesweeper]

The Wall Street Journal has a recap of the recent big office leases and says demand is still strong:

At the beginning of the year, six developments were under way or in advanced planning with a total 2.8 million square feet, none of it leased. Since then, tech companies have committed to 64% of that space as the epicenter of the industry shifts north from Silicon Valley.

[...]

"What we're seeing at the moment is a bit of panic," said Dan Harvey, a Cushman & Wakefield broker who represents numerous large tech companies. "I get two to four phone calls a week from brokers who represent large tenants who are trying to figure out where they can land."

Fourteen tenants are searching for more than 100,000 square feet, totaling 2.6 million square feet of needed space, according to brokerage JLL, formerly Jones Lang LaSalle. But only six buildings with spaces of 100,000 square feet or more are currently available, with a total 1.7 million square feet.

http://online.wsj.com/news/articles/SB10001424052702303851804579560263609577006