Home Commercial San Francisco Absorbs 3.67MM SQFT of Office Space in 2026as Vacancy Falls to 25.3% With No New Supply
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San Francisco Absorbs 3.67MM SQFT of Office Space in 2026as Vacancy Falls to 25.3% With No New Supply

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view of San Francisco from air with Bay Bridge
Photo by Mazin Omron on Unsplash
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San Francisco tenants have absorbed 3.67 million square feet of office space so far in 2026, a pace topped only once in two decades, and because no new buildings have delivered since 2024, almost every square foot is coming straight off the city's vacancy rate, according to Newmark.

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