Articles Recently Tagged: Office Rents

(33 posts)
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 »

Rents Tick Up along with Delivery of New Office Buildings in SF

Rents Tick Up along with Delivery of New Office Buildings in SF

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 »

Delivery of New Development Driving the Office Market in SF

Delivery of New Development Driving the Office Market in SF

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 »

Development Driving the Office Market in San Francisco

Development Driving the Office Market in San Francisco

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 »

Net Absorption of Office Space in San Francisco Has Dropped

Net Absorption of Office Space in San Francisco Has Dropped

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 »