Key Highlights:
- Limited new supply and strong tenant demand are supporting tight operating conditions.
- Vacancy rates continue to decline and remain well below the national average.
- Rents are rising across all asset classes, driven by limited affordability.
- Investment activity has rebounded sharply, with sales volume and transaction count reaching their highest levels in years.
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Additional Insights:
San Francisco is one of the most important real estate markets not only in California but also in the United States. One of the world’s most prominent technology centers, San Francisco functions both as a regional hub for Northern California and an entry point for global talent and capital to the U.S.