Downtown San Francisco-Union Square Office Space

Downtown San Francisco-Union Square

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
1,460
As of: March 11, 2017

Downtown San Francisco-Union Square Rates

Most listings are in the $80's per square foot per year. The Downtown San Francisco-Union Square submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year. That's a 31% rise in rent.

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

Downtown San Francisco-Union Square Listing Supply

In the last 90 days, 53 listings have been listed, so you'll want to check back regularly for new listings. About 13% of the available leases in the Downtown San Francisco-Union Square are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,460 sqft. Most properties in this region are close to 6 floors. Most buildings in this area were built in 1909 and are Class B.

Downtown San Francisco-Union Square Community

Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown San Francisco-Union Square occupants. 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