SFCED | San Francisco Center for Economic Development

S.F. Office Leasing Boom Smashes Record

San Francisco’s office market logged 1.4 million square feet of positive net absorption in 2013 — an unprecedented third year in a row in which the amount of leased downtown space grew by more than 1 million square feet, according to Jones Lang LaSalle.

Over the last three years San Francisco office tenants have leased 4.7 million square feet more than they have given up, enough space to accommodate more than 25,000 new workers. In 2011, the city logged 1.8 million square feet of positive absorption and last year added another 1.6 million square feet.

Read more: San Francisco Business Times S.F. office leasing boom smashes record