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Office Insight

United States | San Francisco, CA

Report | San Francisco Office Insight - Q3 2015

Summary

Year-over-year rent growth in San Francisco has increased steadily since 2009 as opposed to the sharp rise and fall of the 2000’s dotcom bubble. The pace of growth is strong, averaging 13 percent growth year-over-year since Q3 2010. However, quarter-over-quarter growth has slowed this year to about 1.5 percent instead of 3 percent or more. 

Despite the slowed rent growth, rents are still on the upswing, and higher overall than most other U.S. metros, although not yet at the 2000 peak of $93.00 per square foot. Flattening rents would provide welcome relief to tenants while still benefiting landlords on an overall income basis.

Learn more about what’s happening—and what we expect to occur in the coming months—in the San Francisco office market.

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