Bisnow/Allen Matkins - San Francisco State of the Market - Grant Lammersen, Cushman & Wakefield

Cushman & Wakefield senior director Grant Lammersen says people are starting to do things similar to '06-'07: shorting due diligence, going hard quickly, and pushing price. This last cycle introduced the super-core—"the 555 Missions of the world, where there's really nothing to do... and it's a safe haven." He says there's still a lot of room to run in terms of rental rates. A 100k SF tenant that needs to have butts in seats by the end of next year has about half a dozen options, and demand will continue to grow. "If you start getting some FIRE-type growth," there'll be a long run in front of us.