Articles Recently Tagged: Office Rents

(11 posts)
Office Rents In S.F. Nearing An All-Time High, Deal Flow Slows

Office Rents In S.F. Nearing An All-Time High, Deal Flow Slows

The net occupancy of office space in San Francisco increased by a nominal 66,000 square feet in the second quarter of the year, the smallest quarterly increase in two years and versus 539,000 square feet of net absorption in the second quarter of 2014. That being said, potential demand... Read More »

Demand For Oakland Office Space Nearing Record Rate

The vacancy rate for office space in Oakland’s Central Business District has dropped from 9.6 to 7.5 percent over the past six months and demand for East Bay office space is hovering around 2 million square feet, which is twice the historic norm and nearing the record 2.5 million... Read More »

Record-Setting Demand For East Bay Office Space

The vacancy rate for office space in Berkeley, Emeryville and Downtown Oakland has dropped from 11.2 percent to 8.2 percent over the past year, and the active demand for East Bay office space measures nearly 2 million square feet, enough space to add over 7,000 full-time employees and feet... Read More »

Oakland Office Vacancy Rate Under 10% For First Time Since 2008

The vacancy rate for office space in Oakland’s Central Business District has dropped to 9.6 percent, the first time it has been under 10 percent since the third quarter of 2008 according to DTZ (which recently acquired Cassidy Turley). And with the decrease in the vacancy rate, the going... Read More »

Office Rents In S.F. Forecast To Climb, But Not As Fast As In Boston

Office Rents In S.F. Forecast To Climb, But Not As Fast As In Boston

With demand for office space in San Francisco at an all-time high and office rents having increased 15 percent over the past year and nearly doubling since the first quarter of 2010, Cushman & Wakefield is forecasting that office rents in the city will increase by another 6 percent a year in... Read More »

A Tipping Point For Oakland’s Office Market?

Between 70 and 80 percent of the recent demand for office space across the Bay Area has been driven by tech companies, according to Cassidy Turley. In San Francisco, the demand for office space is at an all-time high and office rents have increased 15 percent over the past... Read More »

San Francisco Rents Pushing Professional Firms Out Of The City

San Francisco Rents Pushing Professional Firms Out Of The City

With demand for office space in San Francisco having reached an all-time high, the average asking rent for space in the city has increased 15 percent over the past year and nearly doubled since the first quarter of 2010, up 88 percent to just under $60 per square foot.... Read More »

Demand For Office Space In San Francisco Breaks Dot-Com Record

Back in 1999, the year before the dot-com boom busted, 7.4 million square feet of office space was leased in San Francisco.  Through the first three quarters of 2014, 7.6 million square feet of office space has been leased in the city, setting a new record with a quarter... Read More »

Office Rents In San Francisco Up 81% Since 2010, And Climbing

Office Rents In San Francisco Up 81% Since 2010, And Climbing

There is over 4 million square feet of office space under development in San Francisco, the largest pipeline of commercial space in over thirty years.  That being said, the majority of that pipeline won’t be ready for occupancy until post-2015 and over half has already been speculatively pre-leased by... Read More »

Office Rents In San Francisco Approaching Dot-Com High

The average asking rent for office space in San Francisco has ticked up to $56 per square foot on an annual basis, 21.5 percent more expensive than at the same time last year. The least expensive area for office space in the city remains around Mid-Market (Yerba Buena) with... Read More »

Office Rents In San Francisco Are Up 65 Percent Since 2010

With a current vacancy rate of just over 8 percent, the lowest rate since the fourth quarter of 2000, the average asking rent for office space in San Francisco is just over $51 a square foot per year, up 19 percent over the past year and up 65 percent... Read More »