A surge in large leases of 100,000 sq. ft. or more during the second half of the year boosted positive net absorption and reduced available space options in San Francisco.

SF Peninsula experienced another solid quarter of activity during Q4 2017, with year-end total net absorption reaching 926,448 sq. ft., the highest annual total since 2011.

Construction completions, large lease transactions and healthy market activity propelled Silicon Valley’s office market to a historic close in 2017.

Persistent deal flow and an increase in expansionary tenants have emerged as distinct trends in the Oakland market.

Demand from tenants in the I-680 Corridor increased to 2.3 million sq. ft. in Q4 2017, as larger blocks of space and competitively low rents draws attention.