JLL releases its Q2 2018 San Francisco Market Statistics! Twitch, Google and Pinterest Grow!
The always intelligent and accurate research team at JLL released some great intel this week that details vacancy rates, asking prices, absorption numbers, plus the big movers of the past 3 months. We lean on our team members for this type of information, which we then pass along to our clients to make sure they are making the smartest possible moves across our great city. Please reach out to me directly if you need any help or advice. Thanks!
Market fundamentals tighten across the board amid surging demand
Total net absorption (sf): 1,444,010
Direct vacancy (%): 6.7%
Total vacancy (%): 7.7%
Average asking rent ($ psf): $76.28
Rent growth (last qtr.): 2.2%
Rent growth (year ago qtr.): 2.8%
Rent growth (Since Q1 2010): 127.2%
Major contributors to Q2 2018 positive absorption:
Major contributors to Q2 2018 negative absorption:
If it would be helpful to you to have PDF copies of all of our reports, simply reach out and say hello. Thanks!
Tom Poser, EVP at JLL
415–509–0596/ tom.poser (@) am.jll.com
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