South of Market Office Space

388 office spaces for rent (97 properties)
Posted Rent ($/sqft/yr) Size (sqft)
x1
Jun 26 560
x22
Jun 17 781 - 8,228
x3
Jun 9 500
x46
Mar 31 1,046 - 46,000
x12
Jun 16 1,200
x29
Jun 9 4,500 - 8,000
x12
Jul 7 $71.01 338 - 59,056
x4
Jul 3 $60.94 1,280
x42
Jul 9 1,019 - 3,603
x4
Jun 26 5,427
x23
Jun 20 $33.60 350 - 2,500
x9
Jun 6 35,000 - 35,000
x57
Jun 16 $72.00 2,040 - 8,450
x5
Jun 26 876
x1
Jun 26 $67.12 3,701 - 3,955
x3
Jun 26 10,530
x1
Dec 11 1,500
x3
Jun 19 $69.23 780
x13
Jun 16 $40.42 950
x16
Jun 19 $17.65 6,800 - 11,251
x24
Jul 10 $43.00 2,200 - 2,900
x10
Jun 6 6,100
x1
Jul 3 $30.00 1,804
x3
Jun 26 $74.07 265 - 405
x10
May 29 12,900
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
x16
Jul 3 4,658
x4
Jun 6 $35.00 2,000 - 15,000
x3
Jun 26 22,000
x4
Jun 26 $57.00 4,149 - 21,095
x3
Mar 19 6,458 - 9,527
x13
Jun 26 $47.00 2,500 - 4,500
x7
Jul 2 10,443 - 16,392
x3
May 20 $34.00 16,000
x17
Jun 17 $42.00 3,000 - 4,000
x34
Jun 6 1,600 - 8,908
x37
Jun 21 $45.00 4,464 - 6,935
x7
Jul 9 $33.43 2,872
x14
Jul 9 $57.39 1,150 - 2,779
x12
Jun 23 7,800
x7
Jul 3 $42.00 2,800
x4
Jun 26 2,880
x4
Jul 10 8,500
x4
May 29 $55.00 24,100 - 32,118
x3
Jun 26 48,810 - 48,810
x7
Jun 23 $22.39 13,400
x3
Jun 15 13,185
x2
Jul 3 $55.00 10,750 - 12,292
x4
Jul 9 12,500 - 12,500
x2
Jul 3 6,138
x10
Jun 24 $35.20 1,500
x8
Oct 4 11,000
x4
Jul 7 $30.00 3,654
x7
May 29 3,632 - 8,467
x1
Jun 6 12,790
x15
May 29 $55.00 12,710
x12
Jul 3 12,000
x16
Jun 7 780
x5
Jun 24 11,556
x25
Jul 9 $53.33 4,500 - 13,446
x8
Mar 19 $65.00 14,000
x4
Feb 13 4,961
x4
Jun 6 37,270 - 39,562
x8
Jul 10 $33.00 1,930
x9
Jul 1 2,860
x19
Jul 8 $62.00 4,798 - 41,831
x1
Jul 1 5,500
x4
Jul 10 14,500
x1
Mar 10 $30.00 5,600
x1
Jun 6 $39.00 10,000
x6
Jul 7 $21.00 8,500
x4
Jul 9 10,139 - 19,887
x2
Jul 7 $33.00 3,400
x41
Jul 9 $31.00 14,400
x9
Jul 7 4,184
x2
Mar 19 100,000 - 100,000
x5
Jan 22 9,500
x14
Jun 23 $52.50 400
x4
Jul 7 7,510
x6
Mar 18 7,000 - 9,391
x2
Jun 26 4,290
x2
Jul 1 6,720
x1
Jul 9 $20.00 9,000
x4
Jul 2 4,717
x1
Jul 2 $49.00 12,007 - 12,007
x1
Jun 7 $47.04 2,500
x1
Mar 19 $36.00 41,392
x6
Jun 2 16,000 - 27,846
x1
Jul 3 7,200
x1
Apr 29 $65.00 11,585 - 11,754
x35
Oct 28 $45.00 15,000 - 91,800
x6
Jun 18 $48.00 7,500
x5
Apr 21 43,519

South of Market

Office Lease Market Report

Average Rate ($/sqft/yr)
$45.67
High: $74.07 | Low: $17.65
Average Size (sqft)
13,470
High: 100,000 | Low: 265

Last Updated July 8, 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.