San Francisco, CA Office Space for Rent
San Francisco has long been a strong driver of development in the surrounding Bay Area and across the greater region. The city's iconic office towers still draw investors from all over the world, its sinuous terrain ensuring that there are virtually no bad views from anywhere in the city. The local office market serves a great variety of tenants, including research, e-commerce,advanced tech software and hardware manufacturing, and more. Moreover, holding the long-time uncontested trophy of priciest real estate in California, the San Francisco office market is poised for yet more growth.
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Office listings for rent in San Francisco includes spacesthat vary in size from 138 square feet to 900,000 square feet, offering options that can well fit tenants in any industry — from creative office seekers, to flex lab space, medical office, back end or front end office operations, and more. The average size for an office property in San Francisco is 383,620 square feet, and rents start at $28/sqft/year.
San Francisco Executive Park III
Office
6 Spaces / 15,575 Sqft
San Francisco Executive Park II
Office
4 Spaces / 10,871 Sqft
100 Pine Street
Office
4 Spaces / 21,841 Sqft
500 Sutter Street
Office
3 Spaces / 3,162 Sqft
Bayshore Business Center
Office
2 Spaces / 1,860 Sqft
One Hallidie Plaza
Office
10 Spaces / 28,523 Sqft
85 Bluxome Street
Office
5 Spaces / 59,240 Sqft
3838 California Street
Office
11 Spaces / 19,431 Sqft
620 Folsom Street
Office
3 Spaces / 49,800 Sqft
San Francisco Office Space Market Stats
Throughout the Northern California region, local economies feel the effects of activity on the San Francisco market. The city's renowned hilly terrain, located between the Pacific Ocean and San Francisco’s namesake bay, is home to iconic, well-crafted real estate. Teeming with opportunity, this global city has attracted top talent, skill, and fortune seekers since the gold rush era.
Today, the city proper bosts a population of more than 800,000 residents, as well as some of the priciest real estate in the country. Office space for rent in San Francisco commands rates of $68.26 per square foot per year, on average. The listings inventory offers great variety in size, including spaces as large as 900,000 square feet or as small as 138 square feet. A grand total of 141 local buildings with listed vacancies have earned LEED certifications — San Francisco is one of the greenest office markets in the country.
Listings in grade A properties average rents of $75.63 per square foot per year, while A+ office space in San Francisco can go up to $88.00 per square foot per year. Current listings add up to 10,212,477 square feet across 1,051 spaces, in 28 class C properties, 394 class B, 224 grade A properties, and 14 trophy office buildings.
Commercial real estate news
From our blog
First National Realty Partners Acquires N.J. Office Building
April 30, 2020
Real estate investment firm First National Realty Partners recently announced the purchase of The Coastal Building in Red Bank, NJ. The property will add 29,178 square feet of Class A Jersey Shore office space to the company’s portfolio.
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Amazon Expands Presence in Baltimore-D.C. Commercial Corridor
April 24, 2020
Cushman-Wakefield completed the $91 million sale of Techwood Business Center in Hanover, Md., on behalf of the seller, RREEF Management LLC. Amazon was the buyer in the deal, adding the Baltimore business park to its expanding portfolio in the state of Maryland.
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Charlotte’s Hearst Tower Changes Hands in $446M Deal
April 14, 2020
Atlanta-based Cousins Properties has completed the sale of Hearst Tower. The Uptown Charlotte office property changed ownership to locally based Truist Financial Corporation. Commanding a gross price tag of $455.5 million, the building sold for roughly $470 per square foot.
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