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Not at the bottom yet: SF office vacancy hits record high - SFGATE

https://www.sfgate.com/realestate/article/sf-office-vacancy-hits-record-high-18561538.php
Raimund Koch/Getty Images. The San Francisco office market continues to struggle, but it hasn't hit the bottom yet. Office vacancy in the city rose to new heights in the fourth quarter of 2023

It's official: San Francisco's office vacancy rate just set a record

https://www.sfexaminer.com/news/business/san-francisco-office-vacancies-reach-record-high-to-end-2023/article_a402aeaa-af51-11ee-bf35-1b852d332ddd.html
The office-vacancy rate in and around downtown San Francisco continued to creep upward to a new record high in the fourth quarter of 2023, according to a report from CBRE. The increase, though

San Francisco office vacancy rate hits a new record high - SFGATE

https://www.sfgate.com/realestate/article/sf-office-vacancy-rate-hits-record-high-17889017.php
Josh Edelson / AFP / Getty Images. San Francisco's office vacancy rate hit a new record high in the first quarter of 2023, according to a recent report from CBRE. The vacancy rate in the first

San Francisco office vacancy hits new record high

https://www.sfgate.com/realestate/article/san-francisco-office-vacancy-hits-new-record-high-18392328.php
Robert Alexander/Getty Images. San Francisco's office vacancy rate climbed even higher in the third quarter of 2023, according to new preliminary data recently released by commercial real estate

San Francisco's office vacancy in Q1 2024 hits all-time high - San

https://www.bizjournals.com/sanfrancisco/news/2024/03/25/office-vacancy-q1-2024.html
Mar 25, 2024. Updated Mar 25, 2024 1:43pm PDT. Listen to this article 4 min. San Francisco's office vacancy rate crept higher in the first quarter of 2024, continuing an upward march that began

San Francisco now at 35% office vacancy rate, highest ever recorded

https://abc7news.com/downtown-san-francisco-office-vacancy-stores-closing-crime/14125753/
An area that was bustling with people several years ago, but one that according to the numbers, is now more vacant than ever. "Right now in downtown San Francisco, we have a vacancy rate of a

S.F. office vacancy rises to new record, nearly one-third empty

https://www.sfchronicle.com/sf/article/s-f-office-vacancy-record-empty-18171785.php
San Francisco's office vacancy rate rose to a new record high of 31.8% in the second quarter, marking three straight years of a market downturn fueled by remote work and plunging tenant demand

Downtown San Francisco Office Vacancies Hit Record High

https://sfstandard.com/2023/04/05/downtown-san-francisco-vacancies-hit-record-high-as-city-nears-breaking-point/
The firm estimated a 29.5% vacancy rate last quarter, substantially higher than rates seen during the dot-com bust and Great Recession and a seven-fold increase from the start of 2020. ... The current office subleases in San Francisco have an average term remaining of about three years; once they expire, the spaces would become vacant unless

S.F. office vacancy rises to yet another record high

https://www.sfchronicle.com/sf/article/s-f-office-vacancy-19363841.php
Stephen Lam/The Chronicle. San Francisco's office vacancy rate hit yet another record high this month, climbing to 36.6%, as leasing activity remains muted. The vacancy rate was up 1 percentage

San Francisco Office Vacancy Rate Reaches New Record High

https://www.nbcbayarea.com/news/local/san-francisco-office-vacancy/3204043/
Salesforce is giving up 104,000 square feet of space, adding to an already record-breaking availability of office space in San Francisco. "The vacancy rate in San Francisco is about 30% or about

San Francisco's office vacancy hits nearly 37% - Axios

https://www.axios.com/local/san-francisco/2024/04/23/sf-office-vacancy-rate-cbre
San Francisco's office market is beginning to stabilize after a four-year downturn but it will take years to fully recover, according to commercial real estate firm CBRE.. Why it matters: San Francisco's commercial office market activity has implications for the city's property and business tax revenues, as well as transit operations. By the numbers: The city's office vacancy rate increased

How San Francisco can tackle two of its biggest issues: office

https://www.cnbc.com/2022/12/30/two-of-san-franciscos-biggest-issues-office-vacancies-and-housing.html
San Francisco is facing its highest office vacancy rate since 1993. Commercial real estate firm CBRE said in a recent report that 27.1 million square feet of a total of 90 million square feet is

Without Decisive Action, San Francisco's Commercial Office Market Has a

https://www.spur.org/news/2023-12-12/without-decisive-action-san-franciscos-commercial-office-market-has-looong-road
As of the third quarter of 2023, San Francisco's office vacancy rate was 28.3%, its highest ever. At the peak of the Great Recession, in 2008, the city's office vacancy rate was 17.7%. Right now, more than 30 million square feet (of a total inventory of 86 million square feet) are available to rent in San Francisco, representing an

San Francisco MarketBeats | United States | Cushman & Wakefield

https://www.cushmanwakefield.com/en/united-states/insights/us-marketbeats/san-francisco-marketbeats
The San Francisco office overall vacancy rate at the end of the first quarter of 2024 stood at 33.9%, marking an increase of 180 bps from the fourth quarter of 2023 and a substantial 810 bps from 25.8% one year ago. Download Full Report. Q1 2024 San Francisco Retail Report.

San Francisco Office Space Vacancy | San Francisco - City and County of

https://www.sf.gov/data/san-francisco-office-space-vacancy
From March 2020 to June 2021, office vacancy rates increased from 5% to 20% as offices adopted hybrid and fully remote reporting schedules. This suggests that with fewer employees physically reporting to work, many offices reduced the size of their office or let go of their office space entirely. By late 2022, the rate remained higher than it

Map Shows Vacant Vacant Offices in Downtown San Francisco - Business

https://www.businessinsider.com/san-francisco-chronicle-map-shows-vacant-office-buildings-downtown-2023-5?op=1
May 8, 2023, 12:31 PM PDT. Alexander Spatari/Getty Images. Over 18 million square feet of San Francisco's office space is vacant, the SF Chronicle reported. Thirty-one percent of San Francisco's

Office Vacancies in San Francisco Jump to a Record 33% - The Real Deal

https://therealdeal.com/sanfrancisco/2023/04/10/office-vacancies-in-san-francisco-jump-to-a-record-33/
Office vacancy in San Francisco has shot up to nearly 33 percent, a record, with the rate of empty offices in Silicon Valley 9 points behind. The proportion of empty offices in San Francisco hit a

San Francisco's office recovery likely a decade away, study shows

https://sfstandard.com/2024/06/10/san-francisco-office-recovery-projected-date/
SF's office scene might not recover until 2042. Experts say it'll take at least another decade (maybe two) for office vacancies to drop back to pre-pandemic levels. San Francisco still has the highest office vacancy rate in the nation. | Morgan Ellis/The Standard. By Kevin V. Nguyen Updated Jun. 11, 2024 • 8:43am Published Jun. 10, 2024

San Francisco office vacancy rate at all-time high | KRON4

https://www.kron4.com/news/bay-area/san-francisco-office-vacancy-rate-at-all-time-high/
SAN FRANCISCO (KRON) — The office vacancy rate in downtown San Francisco is at an all-time high — around 35%. That's according to CBRE, which studies how tech impacts commercial real estate.

San Francisco ranks last among 63 cities in downtown ... - ABC7 News

https://abc7news.com/downtown-san-francisco-sf-recovery-union-square-empty-offices/13374160/
Office vacancy in the broader San Francisco Metro Area nearly tripled, from a 6.3% vacancy rate in Q1 2019 to a 17.2% vacancy rate in Q1 2023. Graph not displaying correctly?

San Francisco's Office-Vacancy Rate Tops 25% as Tenants Depart

https://www.bloomberg.com/news/articles/2022-10-06/san-francisco-s-office-vacancy-rate-tops-25-as-tenants-depart
San Francisco's office vacancies have climbed to a record and are now more than six times their pre-pandemic level, highlighting the tech hub's ongoing economic struggles. The city's office

Map of downtown San Francisco shows every empty office space

https://www.sfchronicle.com/sf/article/downtown-empty-offices-business-tech-17911258.php
Downtown San Francisco is experiencing its worst office vacancy crisis on record, with 31% of space available for lease or sublease. In the heart of the city, an astounding 18.4 million square

Forecast: office vacancy in SF's Downtown could grow to 50 percent

https://therealdeal.com/sanfrancisco/2022/06/28/forecast-office-vacancy-in-sfs-downtown-could-grow-to-50-percent/
He predicted a much higher vacancy risk by 2024 that could leave close to half of the office inventory in some downtown sub-markets vacant. San Francisco's Downtown could see vacancy ranging

San Francisco Offices Are Getting Emptier - Newsweek

https://www.newsweek.com/san-francisco-offices-empty-1812144
According to the latest data from commercial real estate firm CBRE, published in July, San Francisco closed the second quarter of 2023 with a record overall office vacancy rate of 31.6 percent, as

It could take San Francisco 18 years to recover from flood of empty

https://news.yahoo.com/news/could-san-francisco-18-years-212322309.html
San Francisco's empty office space crisis has become so deep that it could take almost two decades for the market to recover to its pre-pandemic levels, data suggests. In 2019, San Francisco's vacancy rate was under 10 percent but pandemic restrictions combined with work-from-home trends, massive layoffs, and soaring prices have landed the

San Francisco's sublease inventory is on the decline

https://www.bizjournals.com/sanfrancisco/news/2024/06/10/sublease-inventory-san-francisco-cushman-wakefield.html
San Francisco's office vacancy rate hits all-time high . Related: San Francisco's office vacancy rate hits all-time high. Dutch fintech nears deal for huge SoMa sublease from Pinterest .

Principal Administrative Analyst II (1825) - Office of Contract

https://careers.sf.gov/role/?id=3743990004584376
Recruitment ID: PBT-1825-148516; The Mission of the San Francisco Department of Public Health (SFDPH) is to protect and promote the health of all San Franciscans. SFDPH strives to achieve its mission through the work of multiple divisions - the San Francisco Health Network, Population Health, Behavioral Health Services, and Administration.

How San Francisco's office vacancy rates compare to other cities

https://www.ivycommercial.com/8523/
Among the 10 other cities we studied — New York, Los Angeles, Seattle, Portland, Boston, Houston, Phoenix, Chicago, Miami, and Denver — the vacancy rate percentage change in that period ranges from 22.1% to 129.4%. The average vacancy rate percent increase was 56%. San Francisco was also one of only two cities (along with New York) whose