South of Market Office Space

368 office spaces for rent (92 properties)
Posted Rent ($/sqft/yr) Size (sqft)
x1
Jul 17 560
x22
Jul 23 781 - 8,228
x3
Jun 9 500
x51
Mar 31 1,046 - 46,000
x29
Jun 9 4,500 - 8,000
x12
Jul 21 30,500 - 59,056
x4
Jul 23 $60.94 1,280
x40
Jul 9 1,148 - 3,603
x4
Jun 26 5,427
x7
Jul 21 350 - 500
x9
Jul 10 35,000 - 35,000
x34
May 22 5,833
x5
Jun 26 876
x1
Jun 26 3,955
x3
Jun 26 10,530
x1
Dec 11 1,500
x3
Jun 19 $69.23 780
x25
Jul 22 $40.42 950
x13
Jul 14 2,900
x1
Jul 23 $30.00 1,804
x10
Jun 6 6,100
x3
Jun 26 $74.07 265 - 405
x3
Jul 1 $55.00 8,463 - 71,614
x2
Mar 19 9,506 - 14,148
x11
Jun 26 8,392
x9
Jul 2 27,803
x1
Jun 26 2,100
x6
Jul 28 $28.67 139 - 2,858
x3
Jun 26 22,000
x4
Jun 26 $57.00 4,149 - 21,095
x27
Jun 26 $47.00 2,500 - 4,500
x7
Jul 2 10,443 - 16,392
x3
May 20 $34.00 16,000
x34
Jun 6 1,600 - 8,908
x23
Jun 20 6,935
x6
Jun 2 16,000 - 27,846
x9
Jul 28 2,860
x1
Jul 25 $36.00 2,700
x3
Jun 15 13,185
x7
Jun 23 $22.39 13,400
x3
Jun 26 48,810 - 48,810
x4
Jul 10 8,500
x12
Jun 23 7,800
x7
Jul 9 $33.43 2,872
x2
Jul 23 1,000
x1
Jul 25 $30.33 2,750
x7
Jul 23 $42.00 2,800
x4
May 29 $55.00 24,100 - 32,118
x19
Jul 24 $62.00 8,525 - 41,831
x4
Mar 10 $30.00 5,700
x2
Jul 22 $55.00 10,750 - 12,292
x4
Jul 9 12,500 - 12,500
x2
Jul 23 6,138
x10
Jun 24 $35.20 1,500
x8
Oct 4 11,000
x14
Jul 25 $39.38 1,600
x10
Jul 25 1,400
x6
May 21 4,000 - 8,467
x1
Jun 6 12,790
x6
Jul 25 $30.00 4,500
x5
Jul 21 11,556
x25
Jul 25 $53.33 4,500 - 15,286
x5
Jul 24 2,000
x8
Jul 28 $2.00 14,000 - 18,480
x4
Feb 13 4,961
x1
Jul 11 $39.00 10,000
x6
Jul 23 $21.00 8,500
x41
Jul 10 $31.00 14,400
x1
Jul 1 5,500
x4
Jul 9 14,500
x5
Jan 22 9,500
x6
Mar 18 7,000 - 9,391
x1
Jul 9 $20.00 9,000
x3
Jul 22 $36.00 3,400
x10
Jul 21 4,184
x3
Jul 25 $37.16 1,566
x1
Jul 2 $49.00 12,007 - 12,007
x4
Jul 21 7,510
x1
Mar 19 $36.00 41,392
x2
Jun 26 4,290
x2
Jul 22 6,740
x1
Oct 17 11,585
x4
Jul 2 4,717
x1
Jun 6 $47.04 2,500
x35
Oct 28 $45.00 15,000 - 91,800
x5
Apr 21 43,519
x6
Jun 18 $48.00 7,500
x4
Jun 6 37,270 - 39,562
x1
Jul 23 6,500
x12
Jul 23 4,000
x15
May 29 $40.74 1,620
x4
Jul 21 $30.00 3,654

South of Market

Office Lease Market Report

Average Rate ($/sqft/yr)
$40.60
High: $74.07 | Low: $2.00
Average Size (sqft)
11,430
High: 91,800 | Low: 139

Last Updated July 20, 2014

South of Market (SoMa) Office Space

Also known as SoMa, lying in the central part of San Francisco is South of Market. The neighborhood hosts a population of just over 10,000 in between Market Street, South Beach, Mission Bay and Rincon Hill. Within the city are a multitude of smaller neighborhoods that include South Park and Yerba Buena.

As it is an extensive strip of warehouses, auto repair shops, and even residential hotels it is reasonable that the city attracts potential residents from all walks of business. Subsequently, office space expansion has taken place in SoMa to generate open locations for future residents.

Current office spaces for rent are spread among Townsend Street, Howard Street, and Brannon Street with prices ranging from as low as $20 to $50 per square foot; square footage for each varies from approximate lows of about 700 to as high as 100,000. The office space in this neighborhood is densely populated with startups.

SoMa has offices for rent in 94103 (zip code).

South of Market at a Glance

Prior to being labeled South of Market, the neighborhood was referred to as South of the Slot in reference to the cable cars that ran via a slot which the cables attached to. As the cables dispersed from the area, so did its original name, but every now and then a seasoned resident will still call the city South of the Slot.

The area was officially formed in 1847 by surveyor Jasper O’Farrell when he was commissioned to extend the boundaries of the pueblo south by Washington A. Bartlett. The result of the project was six lots of 50 varas or inches on each side of the subdivision. Consequently two distinctions of the pueblo arose: Lower Market Street also called 50 Vara and South of Market, officially known as 100 Vara.

Notable software and technology companies have made South of Market their home, proving the capacity to overcome the effects of the Dot com crash in the early 2000s. Some of these companies include 42Floors, Ustream, Foursquare, GitHub, Twitter, Square, Dropbox, IGN, Yelp, Airbnb, and Salesforce.com.

History can seemingly be overlooked in SoMa considering the locations hosts some highly innovative companies, but not all is lost. Artifacts and tradition can be cultivated by viewing the displays at the Yerba Buena Center for the Arts and the SFMOMA Museum.

For entertainment and fun residents travel across Howard Street to explore the ice skating rink, bowling alley, and immaculate restaurants like Zero Zero and Dottie’s.

Ideal method of public transportation in SoMa is simply taking the BART.

South of Market Real Estate

Prices for newest available real estate typically average at $700,000 with the top price reaching about $1,500,000.