Financial District Retail

456 Montgomery St Space
Financial District, San Francisco, CA
# 456 Montgomery Street **456 MONTGOMERY STREET BUILDING FEATURES:** **PRESTIGIOUS TENANTS:** First Bank, Icon Clinical Research, California Bank & Trust Beveridge & Diamond, P.C., Kwan Henmi, Vogl & Meredith LLP, consulate General of Israel, Equity Risk Partners, Hersh Family Law **RETAIL SERVICES:** First Bank, Grace image photography studio, MOZA, F.D. Haircuts by Leo, San Francisco Golf Performance Center, Ross Lai DDS, additional new retail coming soon **NEARBY PARKING:** 550 Kearny, 550 California, 475 Sansome   Features - Suite 900 - 4,592 - Available Now, 7 private offices, 2 conference rooms, production & storage areas, large open area, northern & western outlooks - Suite 950 - Available Now, 3 private offices, 1 conference room, Break area & storage, large open area - Suite 1100 - 7,134 SF (Hypothetical) - Full floor identity, space for 60+ workstations, 2 private offices, 1 large & 2 small conference rooms, 1 copy room, open, high end break area, spec suit in process, available 3/1/2017 - Suite 1500 - 7,262 SF -Dramatic full floor identity, City and bay views, 5 offices/meeting rooms, 1 glass conference room, open space for 50+ workstations, high end open kitchen, 2 private telephone rooms, available in +- 90 days - Suite 1900 - 7,262 SF - LEASE PENDING, 16 private offices, 1 conference room, formal reception, large kitchen & production area, open space for workstations, Bay and city views, available 8/1/2017

Financial District

Office Space Market Report

Number of Listings (last 90 days)
185
Median Rate ($/sqft/yr)
$83
Median Size (sqft)
4,390
As of: May 19, 2017

Financial District Rates

The typical asking rate per listing is in the $80's per square foot per year. The Financial District submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Bay Area market, the Financial District region has higher rates, and you'll need to pay a premium to be in this hot region.

Financial District Listing Supply

In the last 90 days, 185 listings have been posted online, so you'll want to check back regularly for new listings. About 22% of the listings in the Financial District 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,390 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 13 stories. Most buildings in this area were built in 1923 and are Class A.

Financial District Community

Professional services is the dominant industry in this area. Most of the occupants of Financial District work from home. Commuting around 10 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 Financial District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Financial District.
Research