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Articles Recently Tagged: Vacancy Rates

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Condo Conversion of the Warfield Theater Building, Take Two

Condo Conversion of the Warfield Theater Building, Take Two

Once again, don’t panic, The Warfield Theater itself isn’t being converted into condos a la the Lighthouse development across from Dolores Park. But plans to convert 25,000 square feet of the Gustav Albert Lansburgh designed Warfield Theater Building’s commercial space at 988 Market, across the top five floors of... Read More »

Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 18.4 percent at the end of last year, roughly double the vacancy rate prior to the pandemic. In addition to 4.9 million square feet of un-leased space, the current vacancy rate... Read More »

Enough Empty Office Space for 160,000 People in San Francisco

Enough Empty Office Space for 160,000 People in San Francisco

As we outlined yesterday, the amount of vacant office space in San Francisco has just hit a new pandemic-era high of nearly 21 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the tallest building in San Francisco, contains 1.35 million square feet... Read More »

Office Vacancy Rate in San Francisco Hits an Even Higher High

Office Vacancy Rate in San Francisco Hits an Even Higher High

Having hit a pandemic-era high of 23 percent in the third quarter of last year, the effective office vacancy rate in San Francisco has since ticked up another 110 basis points to just over 24 percent, representing nearly 21 million square feet of vacant office space in buildings spread... Read More »

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Having ticked down from 18.1 percent at the end of last year to 16.3 percent three months ago, the office vacancy rate in the East Bay, not including Walnut Creek or further east, has ticked back up to 17.3 percent, with net negative absorption of 269,000 square feet of... Read More »

Enough Empty Office Space for over 150,000 People in S.F.

Enough Empty Office Space for over 150,000 People in S.F.

As we outlined earlier this week, the amount of vacant office space in San Francisco has just hit a new pandemic high of 19.9 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the tallest building in San Francisco, contains 1.35 million square... Read More »

Office Vacancy Rate in San Francisco Just Hit a New High

Office Vacancy Rate in San Francisco Just Hit a New High

Having held at a pandemic high of 21.7 percent in the second quarter of this year, the effective office vacancy rate in San Francisco ticked up another 130 basis points in the third quarter to 23.0 percent, representing 19.9 million square feet of vacant office space in the city,... Read More »

Office Vacancy Rate in S.F. Was Holding at a Pandemic High

Office Vacancy Rate in S.F. Was Holding at a Pandemic High

Having hit a pandemic high of 21.7 percent in the first quarter of 2022, the effective office vacancy rate in San Francisco was unchanged in the second quarter of this year, representing 18.7 million square feet of vacant office space in the city, with a slight decrease in the... Read More »

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 »