
Colliers International Tenants in the Market Report — August 2017
Large deals continue to percolate and excite the downtown San Francisco market.
Aug 29, 2017 · 1 min read
Concerns over large deliveries and a slowing market seems to have calmed: Salesforce Tower is now over 90% leased with WeWork recently taking over 76,000 SF, 181 Fremont might not even see more than one tenant for a decade, and the rumors have started about large blocks of space being considered at an already 50% leased 350 Bush Street.
Key Takeaways
- There is a total of 235 tenants in the market with more than 6.5 million square feet of office requirements.
- If 100% of tenants filled their needs, it would equate to a net absorption of approximately 3.4 million feet.
- There are 26 tenants from “out of town” touring the San Francisco office market, representing 950,500 square feet of potential growth.
- Technology companies are responsible for more than 52 percent of tenant requirements.
