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…
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…
Office Rents in San Francisco Slip, Vacancy Rate Inches Up
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…
Office Rents Hit a Record High in SF but Barely Budged Last Year
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…
Spillover Demand from SF Slows but East Bay Office Rents Tick Up
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…
Office Rents in San Francisco Slip for the First Time since 2010
As we first reported at the beginning of the year, demand for office space in San Francisco was dropping. A few months later, we noted that the office vacancy rate…
East Bay Office Market Cause for Concern?
While not specifically quantified, the volume of office tenants in San Francisco seeking new space in the East Bay “dropped significantly” over the past quarter, according to an accounting by…
Office Vacancy Rate in San Francisco Jumps the Most since 2009
Citing the emergence of “slow or no growth policies” amongst both start-ups and more established local firms, the office vacancy rate in San Francisco jumped 1.6 percent in the second…
Office Rents in Oakland Hit an All-Time High
While demand for office space in San Francisco slipped last quarter, asking rents in Oakland’s Central Business District gained 8 percent, are up 36 percent versus the same time last…
Demand for Office Space in San Francisco has Dropped
For the first time since 2010, the average asking rent for Class A office space in San Francisco’s Central Business District has declined versus the quarter before, slipping 0.9 percent…