Approved by San Francisco voters in 1986, Proposition M established an annual cap on the amount of office space that’s allowed to be developed in the city. While the annual allocation of 950,000 square feet can be banked in a down market, the current balance in the account which... Read More »

Over the past year, roughly 280,000 square feet of net new commercial space hit the market in San Francisco, a drop in the bucket relative to the current demand for space which has led to a spike in rents. And while nearly 3 million square feet of new office... Read More »

With office rents in San Francisco up 81 percent since 2010 and approaching an average of $60 per square foot, a mark only once before observed in San Francisco – during the “tech boom” of 2000, San Francisco’s Planning Department is holding proposals for over 9 million square feet... Read More »

While fewer than 2,000 new housing units and 140,000 square feet of commercial space in San Francisco was completed in 2013, there were roughly 6,000 housing units and 2.8 million square feet of commercial space under construction at the end of the year, units which will hit the market... Read More »

While only 1,600 new housing units were completed in San Francisco over the past year and commercial space in the city declined by 183,000 square feet (due to conversions to residential use), there are now over 6,000 housing units under construction in the City which should hit the market... Read More »