Office leasing starts the new year on a positive note

  • The San Francisco Peninsula office market experienced another strong quarter in Q1 2020 as vacancy dropped for the third consecutive quarter, from 6.6% in Q4 2019 to 6.1% in Q1 2020.
  • Additionally, for the eleventh time in the past twelve quarters, the market experienced positive net absorption, posting 137,323 sq. ft. of occupancy gains.