Figures

San Francisco Peninsula Office Figures Q12026

Positive net absorption for the first time in over a year

April 9, 2026 5 Minute Read

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The San Francisco Peninsula office market closed Q1 2026 with an overall vacancy rate of 24.9%, net absorption of negative 59,944 sq. ft., and an overall average asking rate of $7.17 per sq. ft. on a monthly, full-service gross basis.