Marin County Market Reports
|Direct Asking Rent (Price/SF)|| $2.84|
|Availability Rate (%)|| 14.2%|
|Net Absorption (SF)|| -12,936|
Overall vacancy rate stabilized only increased by 40 basis points since last quarter, to 19.4%. This reflects a 310-basis-point year-over-year change from 16.3%. The largest new vacancies came in the Novato submarkets, including 12,802 square feet at 7 Hamilton Landing. Additionally, 24,337 square feet is available and will be vacant as of July 1, 2021, at 100 Wood Hollow Road.
Download Marin County Office Market Report 2Q21