The South Market (SoMa) had an office vacancy rate of about 38.5 percent as of the first quarter of 2023. This made it the district with the highest vacancy rate of office space in San Francisco. The lowest vacancy rate of about 2.4 percent was recorded in the Presidio district.
Office vacancy rates in San Francisco in the 1st quarter 2022 and 1st quarter 2023, by submarket
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Office real estate in the United States
Market overview
7
- Premium Statistic Office rent index in the U.S. 2008-2023
- Premium Statistic Annual quoted rent for downtown and suburban office real estate in the U.S. 2016-2023
- Premium Statistic Absorption rate of downtown and suburban office real estate in the U.S. 2016-H1 2023
- Premium Statistic Quarterly office vacancy rates in the U.S. 2017-2023, per quarter
- Premium Statistic Vacancy rate of downtown and suburban office real estate in the U.S. 2016-2023
- Premium Statistic Office space under construction in selected metro areas in the U.S. 2022
- Premium Statistic Office real estate inventory removals and groundbreaking U.S. 2016-2023
Investment market
7
- Premium Statistic Office real estate repeat sales index in the U.S. 1996-2023
- Premium Statistic Recommendations to buy, hold or sell office real estate in the U.S. in 2024, by type
- Premium Statistic Recommendations to buy, hold or sell an office property in the U.S. 2024, by city
- Premium Statistic Market cap of leading office REITs in the U.S. 2019-2023
- Premium Statistic Commercial real estate cap rates in the U.S. 2012-2023 with a forecast until 2024
- Premium Statistic National NCREIF Property Index annual return in the U.S. 2024, by property type
- Premium Statistic Largest office sales in the U.S. Q2 2023
Occupier market
7
- Premium Statistic Office real estate net absorption in the U.S. 2022, with a forecast until 2027
- Premium Statistic Office real estate rental growth in the U.S. 2022, with a forecast until 2027
- Premium Statistic Office rent per square foot in the largest office markets in the U.S. 2023
- Premium Statistic Absorption of office space in the largest U.S. markets 2023
- Premium Statistic Vacancy rate of office space in the U.S. 2023, by market
- Premium Statistic Average office real estate fit out cost in the U.S. 2022-2023, by city
- Premium Statistic Largest office leases in the U.S. Q2 2023, by tenant
Manhattan
6
- Premium Statistic Average asking rent for office space in Manhattan 2022-2023, by district
- Premium Statistic Average asking rent for offices in Midtown South, Manhattan 2022-2023, by submarket
- Basic Statistic Average asking rent in for office space Midtown, Manhattan 2022-2023, by submarket
- Premium Statistic Average asking rent for office space in Downtown Manhattan 2022-2023, by submarket
- Basic Statistic Office space availability rate in Manhattan 2022-2023, by district
- Premium Statistic Size of office area in Manhattan 2024, by district
Boston
5
- Premium Statistic Average direct asking rent for office space in Boston 2023, by district
- Premium Statistic Volume of office space in Boston Q2 2023, by district
- Premium Statistic Available office and lab real estate in Boston Q2 2023, by district and type
- Premium Statistic Office space vacancy rate in Boston Q2 2023, by district
- Premium Statistic Absorption of office space in Boston H1 2023, by district
San Francisco
5
- Premium Statistic Office space rental rates in San Francisco Q1 2023, by submarket
- Premium Statistic Office space inventory in San Francisco Q1 2023, by submarket
- Premium Statistic Office space under construction in San Francisco Q1 2023, by submarket
- Premium Statistic Vacancy of office space in San Francisco Q1 2023, by submarket
- Premium Statistic Office space vacancy rates in San Francisco 2022-2023, by submarket
Inland Empire
3
- Premium Statistic Supply of office space in Inland Empire West, California Q2 2022-Q4 2022, by district
- Premium Statistic Vacancy rate of office space in Inland Empire South, California 2021-22, by district
- Premium Statistic Asking rent of office space in Inland Empire East, California 2021-2022, by district
Further related statistics
19
- Office vacancy rate in Houston 2006-2019
- Office vacancy rate in Sydney 2006-2019
- Vacancy rate of class A office real estate in Mexico City 2006-2022
- Office vacancy rate in Shanghai 2006-2019
- Office vacancy rate in New York 2006-2019
- Office vacancy rate in Tokyo 2006-2019
- Office vacancy rate in Mumbai 2006-2019
- Office vacancy rate in San Francisco Q1 2020-Q1 2023
- Vacancy rate of office space in Chengdu, China 2017-2024
- Office vacancy rate in Hong Kong 2006-2019
- Office vacancy rate in Washington 2006-2019
- Office vacancy rate in Singapore Q1 2018-Q1 2023
- Share of office space vacancy in Mumbai metropolitan region India 2016-2022
- Office space vacancy share in Hyderabad India 2016-2022
- Office vacancy rate for new buildings in Tokyo's business districts 2014-2023
- Hybrid work willingness according to C-suite and non-C-suite employees U.S. 2021
- Top flexible office space operators in Washington, D.C as of Q2 2019
- Office landlords' opinion on management agreement with flex space operators UK 2022
- Vacancy rate of rental properties Sydney, Australia 2013-2024
Further Content: You might find this interesting as well
Statistics
- Office vacancy rate in Houston 2006-2019
- Office vacancy rate in Sydney 2006-2019
- Vacancy rate of class A office real estate in Mexico City 2006-2022
- Office vacancy rate in Shanghai 2006-2019
- Office vacancy rate in New York 2006-2019
- Office vacancy rate in Tokyo 2006-2019
- Office vacancy rate in Mumbai 2006-2019
- Office vacancy rate in San Francisco Q1 2020-Q1 2023
- Vacancy rate of office space in Chengdu, China 2017-2024
- Office vacancy rate in Hong Kong 2006-2019
- Office vacancy rate in Washington 2006-2019
- Office vacancy rate in Singapore Q1 2018-Q1 2023
- Share of office space vacancy in Mumbai metropolitan region India 2016-2022
- Office space vacancy share in Hyderabad India 2016-2022
- Office vacancy rate for new buildings in Tokyo's business districts 2014-2023
- Hybrid work willingness according to C-suite and non-C-suite employees U.S. 2021
- Top flexible office space operators in Washington, D.C as of Q2 2019
- Office landlords' opinion on management agreement with flex space operators UK 2022
- Vacancy rate of rental properties Sydney, Australia 2013-2024
Cushman & Wakefield. (April 14, 2023). Office vacancy rates in San Francisco in the 1st quarter 2022 and 1st quarter 2023, by submarket [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/640334/office-sapce-vacancy-rates-san-francisco-by-submarket/
Cushman & Wakefield. "Office vacancy rates in San Francisco in the 1st quarter 2022 and 1st quarter 2023, by submarket." Chart. April 14, 2023. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/640334/office-sapce-vacancy-rates-san-francisco-by-submarket/
Cushman & Wakefield. (2023). Office vacancy rates in San Francisco in the 1st quarter 2022 and 1st quarter 2023, by submarket. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/640334/office-sapce-vacancy-rates-san-francisco-by-submarket/
Cushman & Wakefield. "Office Vacancy Rates in San Francisco in The 1st Quarter 2022 and 1st Quarter 2023, by Submarket." Statista, Statista Inc., 14 Apr 2023, https://www.statista.com/statistics/640334/office-sapce-vacancy-rates-san-francisco-by-submarket/
Cushman & Wakefield, Office vacancy rates in San Francisco in the 1st quarter 2022 and 1st quarter 2023, by submarket Statista, https://www.statista.com/statistics/640334/office-sapce-vacancy-rates-san-francisco-by-submarket/ (last visited May 13, 2024)
Office vacancy rates in San Francisco in the 1st quarter 2022 and 1st quarter 2023, by submarket [Graph], Cushman & Wakefield, April 14, 2023. [Online]. Available: https://www.statista.com/statistics/640334/office-sapce-vacancy-rates-san-francisco-by-submarket/