Articles Recently Tagged: Office Rents

(37 posts)
Visualizing the Vacant Office Space in San Francisco

Visualizing the Vacant Office Space in San Francisco

As we noted last week, there is nearly 12 million square feet of vacant office space now spread across San Francisco, including 5.6 million square feet of un-leased space and 6.2 million square feet of space which has been leased but is now sitting vacant and actively seeking a... Read More »

Office Vacancy Rate in the East Bay Ticks Over 14 Percent

Office Vacancy Rate in the East Bay Ticks Over 14 Percent

As in San Francisco, the vacancy rate for East Bay office space has just ticked back over 14 percent, which includes 3.6 million square feet of un-leased space along with nearly a million square feet which has been leased but is sitting vacant and actively seeking a subletter, which... Read More »

Nearly 12 Million Square Feet of Vacant Office Space in S.F.

Nearly 12 Million Square Feet of Vacant Office Space in S.F.

In addition to 5.6 million square feet of directly vacant, un-leased office space spread across the city, which is up from around 3.7 million square feet of un-leased space at the same time last year, there is now 6.2 million square feet of office space in San Francisco which... Read More »

Macy’s Shuttering Dot-Com HQ in SF, Expanding in Atlanta

Macy’s Shuttering Dot-Com HQ in SF, Expanding in Atlanta

While Macy’s is shuttering its 243,000-square-foot dot-com space at 680 Folsom Street in San Francisco, which is currently home to around 1,000 macys.com employees and contractors, the company isn’t reducing its ongoing investment in technology or focus on digital growth. In fact, the company is actually planning to expand... Read More »

Office Vacancy Rate in Oakland Ticks Up, But…

Office Vacancy Rate in Oakland Ticks Up, But…

The vacancy rate for East Bay office space around Oakland has ticked up from 9.5 percent at the beginning of the year to 11.9 percent today, driven by the delivery of 600,000 square feet of new space at 601 City Center in Downtown Oakland, half of which was pre-leased... Read More »

Record Office Rents in San Francisco Tick Up, Absorption Slows

Record Office Rents in San Francisco Tick Up, Absorption Slows

Having hit a record high in the first half of the year, driven in part by the delivery of a record amount of high-end Class A space, all of which was delivered pre-leased, the average asking rent for office space in San Francisco overall ticked up another 1.1 percent... Read More »

Demand for Office Space in San Francisco Jumps, Rents Climb

Demand for Office Space in San Francisco Jumps, Rents Climb

Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of high-end Class A space, all of which was delivered pre-leased, the average asking rent for office space in San Francisco has ticked up another 4.5 percent in the... Read More »

Record Office Rents in San Francisco Climb with a Jump in Demand

Record Office Rents in San Francisco Climb with a Jump in Demand

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 »

Office Rents in San Francisco Ended 2018 at a Record High

Office Rents in San Francisco Ended 2018 at a Record High

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 »

East Bay Office Market Lull

East Bay Office Market Lull

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 »