CBRE: San Francisco Class A prices at all-time high

CBRE, San Francisco, Class A office

Office investment sales are on track to reach $4 billion by year and of 2015 in San Francisco. Lack of available properties for sale remains a constraint and has kept volume well below the $6 billion achieved in both 2012 and 2014. Strong demand has caused the Class A average price to reach an all-time high of $664 per square foot, although the high watermark of $953 per square foot has yet to be surpassed.

Source: CBRE Research

West Coast Commercial Real Estate News