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Tech companies dominate San Francisco sublease market

• There are currently 150 subleases on the market, totaling 2,170,116 SF.  The sublease vacancy rate in San Francisco is 1.2%.

• Tech subleases make up 32% of the total available sublease square footage.

• On average, tech subleases spend less time on the market than non-tech/traditional tenant subleases. 

• Private office intensive space spends significantly more time on the sublease market than open floor plan.

• Average sublease asking rents are currently highest in SoMa district at $68, followed by North and South Financial District at $63/ft.


Source: JLL Research




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