Marin County Office Report
Net absorption was negative 69,115 square feet for the second quarter of 2025. This was largely due to the Visual Concepts Entertainment downsizing and leaving 33,393 square feet available at 10 Hamilton Landing in Novato. Average weighted full service asking rates across Marin County in the second quarter of 2025 decreased by 20 basis points to $3.43 per square foot. Prices on average have remained stable since 2020. Hybrid work trends continued to inspire downsizing into quality buildings, allowing employers to better incentivize workers to return to the office.
Download Marin County Office Market Report 2Q25