After five years of relentless increases, San Francisco’s office vacancy rate didn’t climb higher in the first quarter of 2024. Instead, the amount of vacant office space downtown remained unchanged from the previous quarter, at 30 million square feet.
Has San Francisco’s Office Market Hit Bottom?
No Increase in Early 2024 Vacancy Suggests Worst May Be Over
By Nigel Hughes
CoStar Analytics
April 12, 2024 | 4:24 P.M.
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IN THIS ARTICLE
- Properties
- UBER HQ
1455 3rd St, San Francisco, CA
- Foundry Square IV
500 Howard St, San Francisco, CA
- Historic Union Bank Bldg.
400 California St, San Francisco, CA
- KPMG Building
55 2nd St, San Francisco, CA
- 1455 Market
1455 Market St, San Francisco, CA