San Francisco Office Market
| Average Asking Rent (Price/SF) | $78.39 |
| Vacancy Rate (%) | 17.2% |
| Net Absorption (SF) | -483,363 |
If full Muni buses and BART trains during commute hours are any indicator of a return to the workplace, then San Francisco is beginning to triumph. A slowdown in COVID-19 cases allowed normalcy to create a warm welcome back to the office. The first quarter of 2022 also brought a beautiful new addition to San Francisco’s skyline at 415 Natoma, adding 640,000 square feet of class A office space to the city.
Download San Francisco Office Market Report 1Q22