The vacancies in downtown districts require substantial recovery efforts, with San Jose's office market slightly improving while Oakland's conditions worsened, and San Francisco's stabilized.
Alphabet's management emphasized their confidence in navigating uncertain economic times, stating that while tariffs present a slight headwind, their experience will guide the company through.
"It's just been a few hours in [but] I think it's a great year so far, because it's more concise. You speak much more with the collectors and there's a personal interaction with everybody."