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Office leasing heats up in San Francisco’s Financial District

It’s out with the old, in with the new
Law firm Morgan Lewis signed a 20-year lease for 123,000 square feet at the renovated Transamerica Pyramid in March. (CoStar)
Law firm Morgan Lewis signed a 20-year lease for 123,000 square feet at the renovated Transamerica Pyramid in March. (CoStar)
CoStar Analytics
April 3, 2025 | 10:32 P.M.

San Francisco’s Financial District office market just saw its busiest leasing quarter since 2019. Preliminary numbers show lease volume totaled just shy of 1 million square feet in the first three months of the year, and the figure is likely to increase as CoStar collects additional deal information in the weeks ahead.

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