Office vacancy in Frisco is over 34%.

"An affiliate of New York investor Blackstone sold the 82,862-square-foot office building at 650 7th St. in San Francisco’s Showplace Square neighborhood to Southern California investor LBA Realty for $25.35 million, or roughly $305 per square feet, in a deal that closed September 28. Blackstone purchased the property nearly seven years ago for $50.47 million, or approximately $609 per square feet — about double what it is now letting the building go for. "