Downtown San Francisco-Union Square Retail

Downtown San Francisco-Union Square

Office Space Market Report

Number of Listings (last 90 days)
57
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
1,340
As of: February 28, 2017

Downtown San Francisco-Union Square Rates

On average, listings lease in the $60's per square foot per year. The Downtown San Francisco-Union Square submarket is going through a decline in rates. In the last 3 months, the median rate fell $12 per sqft per year. That's a 16% decline in rent.

Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Downtown San Francisco-Union Square Listing Supply

In the last 90 days, 63 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the listings in the Downtown San Francisco-Union Square are subleases, so you will probably have to consider a longer term 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 1,160 sqft. Most buildings in this area are close to 6 stories. 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 area. Commute by car is the most popular way to get to work amongst Downtown San Francisco-Union Square folk. 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