The vacancy rate for office space in Oakland’s Central Business District has dropped to 9.6 percent, the first time it has been under 10 percent since the third quarter of 2008 according to DTZ (which recently acquired Cassidy Turley). And with the decrease in the vacancy rate, the going... Read More »
While the average asking rent for a market-rate apartment in San Francisco has hit a record $3,400 a month, up 9.8 percent over the past year, the largest percentage increase has occurred in Oakland where the average rent now measures $2,500 per month, up 17.6 percent over the past... Read More »
With demand for office space in San Francisco having reached an all-time high, the average asking rent for space in the city has increased 15 percent over the past year and nearly doubled since the first quarter of 2010, up 88 percent to just under $60 per square foot.... Read More »
While the average asking rent for an apartment in San Francisco rose to $3,229 in the second quarter of 2014, up a little over 9 percent since the second quarter of 2013 and 45 percent over the past four years, the vacancy rate for large apartment buildings in San... Read More »
There is over 4 million square feet of office space under development in San Francisco, the largest pipeline of commercial space in over thirty years. That being said, the majority of that pipeline won’t be ready for occupancy until post-2015 and over half has already been speculatively pre-leased by... Read More »
The average asking rent for an apartment in San Francisco held steady at $3,057 a month in the first quarter of 2014, down 1 percent from a peak of $3,096 in the third quarter of 2013, but still 10 percent higher year-over-year and 38 percent higher than in 2010,... Read More »
The average asking rent for office space in San Francisco has ticked up to $56 per square foot on an annual basis, 21.5 percent more expensive than at the same time last year. The least expensive area for office space in the city remains around Mid-Market (Yerba Buena) with... Read More »
With a current vacancy rate of just over 8 percent, the lowest rate since the fourth quarter of 2000, the average asking rent for office space in San Francisco is just over $51 a square foot per year, up 19 percent over the past year and up 65 percent... Read More »
The average rent for a studio in San Francisco is now $2,312 a month, up 8.7 percent year over year according to the latest report from Cassidy Turley. The average rent for a San Francisco apartment in general is $2,899 a month, up 3.4 percent from the first quarter... Read More »
According to a survey of apartment buildings by Cassidy Turley, the rental vacancy rate has dropped to 3.2 percent in San Francisco as average rents have climbed 9 percent over the past year, one point below the double-digit growth rate we noted to expect in May. Read More »
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