Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of shiny new space over the past year, all of which was delivered pre-leased, the average asking rent for office space in San Francisco ticked up another 2.2 percent... Read More »
Driven in part by the delivery of a record 3.7 million square feet of shiny new office space over the past year, all of which was delivered pre-leased, the average asking rent for office space in San Francisco ticked up 1.1 percent in the fourth quarter of 2018 to... Read More »
While still below average, the vacancy rate for East Bay office space has ticked up from 8.2 percent at the beginning of the year to over 9 percent today, including an uptick in the vacancy rate for existing office space in Oakland’s Central Business District (from 6.6 percent to... Read More »
With 1.3 million square feet of new office space having been delivered over the past quarter, all of which was pre-leased and instantly absorbed, included The Exchange at 16th (Dropbox) and the tower at 181 Fremont Street (Facebook), the average asking rent for office space in San Francisco ticked... Read More »
The average asking rent for office space in San Francisco inched up 0.5 percent in the first quarter of 2018 to an all-time high of $71.40 per square foot per year, which is 2.5 percent above the mark at the same time last year. And the net absorption of... Read More »
The average asking rent for office space in San Francisco inched up 0.7 percent in the fourth quarter of 2017 to end the year at an all-time high of $71.02 per square foot per year. That being said, the year-over-year gain in asking rent dropped to 1.8 percent, down... Read More »
Having slipped a nominal $0.11 per square foot (0.1 percent) in the first quarter of 2017, the average asking rent for office space in San Francisco inched up $0.50 per square foot (0.6 percent) in the second quarter of the year to an all-time high of $70.16 per square... Read More »
Having inched up 0.8 percent at the end of 2016 to an all-time high of $69.77 per square foot per year, the asking rent for office space in San Francisco slipped a nominal $0.11 per square foot (0.1 percent) in the first quarter of 2017. And while rents remain... Read More »
Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in the fourth quarter and ended 2016 at a record high of $69.77 per square foot per year, up a... Read More »
Asking rents in Oakland’s Central Business District ticked up 1.2 percent in the third quarter and are now running 20 percent higher on a year-over-year basis while the asking rent for office space across the greater East Bay market gained 3.7 percent and is 8.6 percent higher versus the... Read More »
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