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San Francisco Activity Levels Tick Up As In-Office Mandates Help Bring Workers Back to the City

While Higher, Overall Activity Is Too Low To Keep Vacancy From Rising
CoStar Analytics
June 29, 2023 | 7:39 P.M.

It’s been a long and slow process, but the number of people returning to the office in downtown San Francisco is increasing. Various indicators that track the utilization of office buildings and transit systems are showing increased usage this year. However, overall activity levels remain well below pre-pandemic norms, and many office tenants continue to downsize as they find themselves with more leased space than they need.

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