Login

San Francisco Bay Area office property sells for fraction of its former value

Concord Tech Center is the latest distress sale as real estate reset continues
The twin-building Concord Technology Center was 99% leased when it last changed hands two years before the COVID-19 pandemic. (CoStar)
The twin-building Concord Technology Center was 99% leased when it last changed hands two years before the COVID-19 pandemic. (CoStar)
CoStar News
February 19, 2026 | 10:12 P.M.

The artificial intelligence boom continues to fuel momentum for a long-awaited rebound in the San Francisco Bay Area office market after several difficult years. But in less-hyped pockets of the region, some properties continue to sell at deep discounts.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE