San Francisco’s 50,000 + SF leasing activity

October 29, 2018
  • Since 2014, there have been 166 leases larger than 50,000 sf.
  • 72 of the 166 leases have been larger than 100,000 sf.
  • 2017 set the record with 18 transactions greater than 100,000 sf. Some of the notable transactions from 2017 include: Salesforce and Accenture at 415 Mission (Salesforce Tower), DropBox at 1800 Owens (The Exchange) and Okta at 100 First Street.
  • Leasing activity has not slowed down in 2018 with 15 leases over 100,000 SF, including the largest lease in San Francisco history at 250 Howard.
  • New developments have accounted for a significant portion of large leasing activity with nearly all recent and upcoming developments delivering 100% leased. The only development not currently preleased is 50 First Street

Source: JLL Research

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