San Francisco’s office market is gaining momentum. In the second quarter, leasing activity reached its highest level since 2019 with overall vacancy dropping to 30.1%, down from 33.8% a year earlier, Cushman & Wakefield reported. Recent headlines indicate the trend is continuing.
In August and September alone, Hinge Health leased more than 100,000 square feet at 300 Mission St.; Amazon renewed 300,000 square feet at 525 Market St., and the AI startup Exa took over the Pioneer Building at 3180 18th St.
To read more insights from Clune’s own Colin O’Connell and Brandon Tolbertson on the office market in SF click here.
