Family Office Briefing on research byKidder Matthews·Apr 8, 2026
SAN FRANCISCO OFFICE MARKET REPORT - 1st Quarter 2026
San Francisco office market shows signs of recovery with 3.4M SF leasing activity in 1Q26 — family offices should consider co-GP opportunities with disciplined operators.
2026
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 24.9% |
| Overall Vacancy Rate | 28.0% |
| Leasing Activity | 3.4M SF |
| Net Absorption | 855K SF |
| Asking Rent | 48.70$/SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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