Downtown San Francisco-Union Square Retail

Downtown San Francisco-Union Square

Office Space Market Report

Number of Listings (last 90 days)
64
Median Rate ($/sqft/yr)
$75
Median Size (sqft)
1,850
As of: December 6, 2016

Downtown San Francisco-Union Square Rates

The typical asking rate per listing is in the $70's per square foot per year. The Downtown San Francisco-Union Square submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Bay Area market, the Downtown San Francisco-Union Square submarket has more expensive 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, 62 listings have been made available, so you'll want to check back regularly for new listings. About 10% of the office spaces 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this region are close to 6 stories. 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 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