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Family Office Briefing on research byKidder Matthews·Jan 10, 2024

San Francisco Office Market Report - 4th Quarter 2023

San Francisco office market vacancy rises to 30.8% in 4Q23 — family offices should consider co-GP opportunities with disciplined operators.

OfficeSan FranciscoCalifornia2023

Key Metrics

MetricValue
Overall Vacancy Rate30.8%
Direct Vacancy Rate24.9%
Sublease Vacancy Rate5.8%
Average Rental Rate55.39$/SF

Metrics extracted from the source report and independently fact-checked. Method →

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