Downtown San Francisco-Union Square Industrial

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Downtown San Francisco-Union Square

Office Space Market Report

Number of Listings (last 90 days)
62
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
1,100
As of: February 22, 2017

Downtown San Francisco-Union Square Rates

The typical asking rate per listing is in the $60's per square foot per year. The Downtown San Francisco-Union Square region is going through a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 16% decrease in rent.

Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Downtown San Francisco-Union Square Listing Supply

In the last 90 days, 56 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings in the Downtown San Francisco-Union Square are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,280 sqft. Most buildings in this region are close to 6 floors. Most buildings in this market were built in 1909 and are Class B.

Downtown San Francisco-Union Square Community

Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown San Francisco-Union Square residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown San Francisco-Union Square.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown San Francisco-Union Square.
Research