SFCED | San Francisco Center for Economic Development


With Commercial Real Estate Booming, San Francisco State Partnership Fills Workforce Void

San Francisco’s commercial real estate market is red hot with huge demand for office space, but industry leaders said there is a major deficit when it comes to workers needed to run these properties.

New buildings are going up and old ones are getting fixed up throughout the city. And more than half of the people running San Francisco’s commercial real estate properties are set to retire by 2020.

Cushman & Wakefield Chief Operating Officer Sandra Boyle said this is a pressing problem. “We are going to need people in our industry in the future. And those people are sitting in schools today,” Boyle said.

That’s why three years ago, Boyle founded a non-profit that helps create and fund San Francisco State University’s Commercial Real Estate Certificate program.

“We’re now seeing the graduates come out of the school and being hired,” said Boyle.

Read more: CBS Local With Commercial Real Estate Booming, San Francisco State

Commercial Real Estate Needs More Workers