Family Office Briefing on research byKidder Matthews·Jul 7, 2023
San Francisco Office Market Report - 2nd Quarter 2023
San Francisco office market faces record high vacancies with overall vacancy at 26.8% in 2Q23 — family offices should consider co-GP opportunities amid market dislocation.
Key Metrics
| Metric | Value |
|---|---|
| Overall Vacancy Rate | 26.8% |
| Direct Vacancy Rate | 21.0% |
| Sublease Vacancy Rate | 5.8% |
| Leased SF | 952,366SF |
| Total Net Absorption | -1,611,554SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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