Companies interested in leasing, subleasing, purchasing or selling office space in the Bay Area

vacancy

CORPORATE OFFICE PERSPECTIVES | APRIL 1, 2017

Like many of you, I do not know a single person looking for a job. My friends, who get downsized or merged out of positions, seem to bounce right back into another great employment opportunity. Here in the Bay Area, one big complaint is how long the commute can be. For many of my friends…

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The Big Picture U.S. office market

Most metro areas showed positive absorption in 4th quarter 2016, but overall net absorption is down, and the U.S. office-using employment growth is expected to fall from 2.4% in 2016 to 1.4% in 2017. The San Francisco Bay Area remains the tightest of the top 10 markets with a 5.6% vacancy rate. (Colliers, Knowledge Leader,…

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current SF Colliers’ statistics

According to a just-released report by our San Francisco Colliers office, the current office vacancy rate is 6.6%. Total leasing activity for 2016 was 5.7 million square feet, with five leases over 100,000 square feet in the last quarter alone. San Francisco has had a record 26 consecutive quarters of positive net absorption. For the…

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CORPORATE OFFICE PERSPECTIVES | FEBRUARY 1, 2017

A few weeks ago, I gave a Forecast 2017 presentation at Scott’s Walnut Creek restaurant. Bottom line is we are in a great shape for the most part, with the San Francisco office market still robust. Annual full-service rents range is from $75 to $110/square foot, and tech sublease space gets snatched up by other…

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CORPORATE OFFICE PERSPECTIVES | DECEMBER 1, 2016

The Millennials are coming on strong, and they want flexibility, freedom and fun; mobile devices rule, texting may be preferred to a phone call, collaboration, work hard, play hard, and who cares about having a workstation let alone a private office. Yet, office space is here to stay, in one form or another, as the…

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