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Family Office Briefing on research byTranswestern·Oct 13, 2023

San Francisco Office Research Report - Q3 2023

San Francisco office vacancy reached an all-time high of 33.4% in Q3 2023 — family offices should consider co-GP opportunities with disciplined operators in a challenging market.

OfficeSan FranciscoCaliforniaQ3 2023

Key Metrics

MetricValue
Overall Vacancy Rate33.4%
Net Absorption-2.2Million SF
Class A Direct Rents50.39$/SF

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

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