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.
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 25.0% |
| Overall Vacancy Rate | 30.6% |
| Leasing Activity | 1.1MSF |
| Net Absorption | -211,904SF |
| Average Asking Rent | 50.50$/SF |
Metrics extracted from the source report and independently fact-checked. Method →
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Kidder Matthews
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