[IMGCAP(1)]
SAN FRANCISCO—Tenants seeking alternatives to pricy large blocksof office space in San Francisco have only six alternatives thatare transit-oriented and available for occupancy within 18 months.Shared exclusively with GlobeSt.com, CBRE analyzed100,000-square-foot or larger contiguous blocks of office spacethat are within a half-mile walking distance from a BARTstation.
CBRE found five options in the East Bay with a total of 1.2million square feet available and one option in the San FranciscoPeninsula. The five East Bay options, located in Oakland, Concordand Hayward, that have published asking rents average $27 persquare foot annually on a full service basis. The one San FranciscoPeninsula option is available in Daly City, a few miles south ofSan Francisco, and has 127,000 square feet with an asking rent of$45 per square foot annually on a full service basis.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.