South San Francisco Industrial

South San Francisco

Office Space Market Report

Number of Listings (last 90 days)
25
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
3,970
As of: September 26, 2016

South San Francisco Office Space

Known for its technological start-ups and place of dreams for young entrepreneurs, Silicon Valley is the place to be in terms of business and technology. For this reason, many people look to the area for office rental space. While many will head to the middle of the action, Palo Alto, many businesses would do well to think outside the valley. While still completely accessible to the action of Silicon Valley, and hardly removed from it geographically, South San Francisco would be a perfect place for someone looking to rent office space in the area. Locals refer to it as “South City” and people unfamiliar with the area often mistake it as the Southern portion of the city of San Francisco, when it is in fact a completely separate, incorporated entity. With rental rates fluctuating between three and five dollars a square foot, South San Francisco is substantially cheaper in terms of renting office space than San Francisco and Palo Alto.

South San Francisco at a Glance

The San Francisco Bay area is known for its mild winters and dry cool summers and its infamous fog. South San Francisco is protected with hills to the west that shield it from the ever-lingering fog so common to the area. Originally a large, Mexican land grant, South San Francisco’s early American history saw it grow into a large stockyard and meat packing area, and later an industrial one, even going so far as to tout itself as the Industrial City, memorialized by the large raised letters on a hill overlooking the city. Since World War II, the cities’ population has nearly tripled and stands at roughly 64,000 as of the 2010 census.

Where to rent in South San Francisco

South San Francisco benefits greatly from BART, or the Bay Area Rapid Transit, system, is close to San Francisco International Airport, has a ferry service that runs across the bay and is easily accessible by US Route 101 and Interstate 280; all lending to the pros of renting office space in South City. The land along the east side of Route 101 is home to most of the office complexes and industrial areas of the city and is home to one Fortune 500 company, Core-Mark along with many others such as Genentech, the one of the world’s largest biotechnology companies. Close proximity to nearby UCSF, Stanford and, UC Berkeley all contribute to the growing economy of the area, and supply an ever-present workforce.