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Articles Recently Tagged: Office Rents

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Visualizing All the Vacant Office Space in San Francisco

Visualizing All the Vacant Office Space in San Francisco

As we outlined last week, the amount of vacant office space in San Francisco has ticked up to a pandemic high of 18.7 million square feet versus under 5 million square feet prior to the pandemic. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the... Read More »

Office Vacancy Rate in San Francisco Hits a Pandemic High

Office Vacancy Rate in San Francisco Hits a Pandemic High

Having inched down to just under 20 percent at the end of last year, the effective office vacancy rate in San Francisco ticked back up to a pandemic high of 21.7 percent in the first quarter of 2022, representing 18.7 million square feet of vacant office space in the... Read More »

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Having ticked over 18 percent at the end of last year, the office vacancy rate in the East Bay, not including Walnut Creek or further east, inched down to 17.3 percent in the first quarter of 2022, representing the first decline in the vacancy rate since late 2019 (at... Read More »

Omicron’s Impact on the Reopening of San Francisco

Omicron’s Impact on the Reopening of San Francisco

While muddled by a typical holiday slowdown at the end of the year, the impact of the Omicron variant on return to office plans (as measured by office attendance, which dropped back under 20 percent) and tourism in San Francisco (as measured by hotel occupancy, which dropped back under... Read More »

Office Vacancy Rate in the East Bay Inches Up

Office Vacancy Rate in the East Bay Inches Up

The office vacancy rate in the East Bay, not including Walnut Creek or further east, inched up from 17.9 percent at the end of September to 18.1 percent at the end of 2021, which includes 4.8 million square feet of un-leased space and 1.1 million square feet of space... Read More »

Office Vacancy Rate in San Francisco Inches Down, But…

Office Vacancy Rate in San Francisco Inches Down, But…

Having hit a pandemic high of 20.5 percent in the third quarter of last year, the effective office vacancy rate in San Francisco inched down to 19.9 percent at the end of 2021, which represents 17.0 million square feet of vacant office space in the city, including 5.5 million... Read More »

Office Vacancy Rate Inches Up in S.F. Despite Leasing Activity

Office Vacancy Rate Inches Up in S.F. Despite Leasing Activity

Having ticked over 20 percent in the second quarter of the year, the effective office vacancy rate in San Francisco has inched up another 40 basis points (0.4 percentage points) to 20.5 percent, which represents 17.5 million square feet of vacant office space in the city, with 6.8 million... Read More »

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 17.9 percent at the end of September, which includes 4.6 million square feet of un-leased space and 1.2 million square feet of space which has been leased but is sitting vacant... Read More »

Office Vacancy Rate in the East Bay Nearing 18 Percent

Office Vacancy Rate in the East Bay Nearing 18 Percent

With the office vacancy rate in San Francisco having ticked over 20 percent, with over 17 million square feet of vacant space, the vacancy rate for office space in the East Bay, not including Walnut Creek or further east, has ticked up from 16.8 in the first quarter of... Read More »

Visualizing All the Vacant Office Space in San Francisco

Visualizing All the Vacant Office Space in San Francisco

As we outlined yesterday, there is over 17 million square feet of vacant office space now spread across San Francisco, which is up from around 16 million square feet of vacant space three months ago and as compared to under 5 million square feet of vacant space at the... Read More »