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Articles Recently Tagged: Vacancy Rates

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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 »

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 »

There Are Not 40,000 Vacant Homes in San Francisco

There Are Not 40,000 Vacant Homes in San Francisco

While it makes for good headlines and viral sound bites, the notion that there are “more than 40,000 vacant homes in San Francisco” is not only misleading but represents a fundamental misunderstanding, if not misrepresentation, of the underlying data and market at hand. Yes, 40,458 units of housing in... 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 »