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Office Insight

United States | San Francisco Peninsula

Report | San Francisco Office Insight - Q2 2017

Summary


Leasing activity remains strong, with three 100,000+ s.f. transactions driving quarterly action in San Francisco's office market. Tech drove the majority of total activity, accounting for 46% of deals in the quarter.

Salesforce Tower, 181 Fremont and 350 Bush will add 2.2 million square feet of space to the market by year end, but rents should remain stable. We do expect vacancy to increase though as not all space in these buildings is pre-leased.

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