Marin County Office Report
Net absorption was positive 35,886 square feet for the second quarter of 2024. A large amount can be attributed to Golden Gate Regional Center expanding their footprint by 16,000 square feet. Asking rates across Marin County in 2024 have slightly dropped by 10 basis points, and over the remaining half of 2024 are not expected to change. Tenants are expected to continue being drawn to well improved high-end buildings. Hybrid work trends continue to inspire downsizing into quality buildings, allowing employers to better incentivize workers to return to the office.
Download Marin County Office Market Report 2Q24