Direct Full Service Asking Rent (Price/SF) | $1.87 |
Availability Rate | 14.1% |
Net Absorption (SF) | 14,749 |
There were signs of improvement in the fourth quarter as the Sonoma county office market had positive absorption of 15,677 square feet. The first quarter of 2020 had positive absorption, but the second and third quarters had negative net absorption which resulted in negative 171,718 square feet for all of 2020.