Family Office Briefing on research byKidder Matthews·Apr 28, 2023
San Francisco Office Market Report - 1st Quarter 2023
San Francisco office market struggles with 24.9% overall vacancy in 1Q23 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Overall Vacancy Rate | 24.9% |
| Direct Vacancy Rate | 19.9% |
| Sublease Vacancy Rate | 5.0% |
| Total Net Absorption | -1,296,859SF |
| Leasing Activity | 862,575SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
Building a thesis around San Francisco? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.