The Bay Area real estate market is at a time of significant transition. In an exclusive interview with IREI, Robert Johnston and Adam Levin, executive managing directors at Levin Johnston of Marcus & Millichap, discuss how investors and communities can navigate both short-term volatility and long-term opportunities in the Bay Area real estate market. With return-to-office trends reshaping demand across San Francisco and Oakland, and suburban markets experiencing strong multifamily growth, they discuss the shifting balance between urban and suburban living, the resilience of key property types, and the impact of broader economic forces such as interest rate stability, demographic shifts, and the rapid rise of artificial intelligence (AI).
What impact are return-to-office trends having on your view of commercial real estate opportunities in the Bay Area?
For the downtown districts of San Francisco and Oakland, the return to the off
