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San Francisco Peninsula Office Market Faces Mounting Vacancies Amid Leasing Decline

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Redwood shores lagoon, San Francisco bay area, California
Image by Sundry Photography on iStock
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The San Francisco Peninsula office market is undergoing a period of recalibration, with increasing vacancy rates and subdued leasing activity shaping the outlook for 2025. According to the latest report from CBRE, vacancy rose to 24.3 percent in Q1 2025, driven by large-scale move-outs and an influx of sublease space. Net absorption closed the quarter […]

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