Wednesday, June 10, 2026
Family Office Briefing on research byKidder Matthews·Apr 19, 2024

San Francisco Office Market Report - 1st Quarter 2024

San Francisco office vacancy decreased to 30.6% in Q1 2024 — family offices should consider co-GP opportunities amid market reset.

OfficeSan FranciscoCalifornia2024

Key Metrics

MetricValue
Direct Vacancy Rate25.0%
Overall Vacancy Rate30.6%
Leasing Activity1.1MSF
Net Absorption-211,904SF
Average Asking Rent50.50$/SF

Metrics extracted from the source report and independently fact-checked. Method →

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