CBRE: San Francisco Office Sublease Availability Rising

CBRE, San Francisco, Subleasing, CBRE Research

CBRE, San Francisco, Subleasing, CBRE Research, Office

Available sublease space in San Francisco increased significantly since November 2015, when a few large spaces were placed on the market. These additions have not yet impacted sublease vacancy, which over the past 12 months has remained generally stable at 1.0% due to strong sublease activity and absorption. Technology firms are currently subleasing 868,000 sq. ft. of space or about 50% of the total sublease availability, nearly the same proportion as 12 months ago.

Source: CBRE Research

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