The industry's own research.
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San Francisco's office market in Q1 2026 experienced significant improvement, with overall vacancy declining 110 basis points to 31.6%, net absorption reaching 896,000 square feet year-to-date, and asking rents rising to $69.16 per square foot, driven by record venture capital activity and strong leasing demand concentrated in artificial intelligence and tech sectors. Leasing activity reached 3.7 million square feet with AI companies accounting for nearly 50% of new deals, while notable transactions included Anthropic's 480,000-square-foot headquarters lease and the Transamerica Pyramid sale for $691 million, indicating initial signs of market stabilization despite elevated vacancy in lower-quality space.

Los Angeles County office market experienced continued pressure in Q1 2026 with vacancy rising to 23.6% and net absorption declining by 1.1 million square feet year-to-date, driven by modest employment growth of 0.8% concentrated in healthcare and education rather than office-using sectors. The overall average asking rent increased modestly to $3.62 per square foot monthly, while total leasing volume reached 2.2 million square feet down 23.6% year-over-year, with sublease inventory improving as vacant sublease space fell 22.0% year-over-year to 6.7 million square feet.

This is a data-figures report published by CBRE on March 31, 2026, presenting industrial sector metrics for the San Francisco Peninsula in the first quarter of 2026.

This is a quarterly data report on Los Angeles office market figures published by CBRE at the end of the first quarter of 2026. The report covers office sector metrics for the Los Angeles market.

This is a first-quarter 2026 industrial sector data report for San Francisco published by CBRE covering figures and metrics for that market.

Cushman & Wakefield's Q1 2026 industrial market report for Los Angeles County documents a modestly growing yet softening market, with employment increasing 0.8% year-over-year but core industrial demand drivers (trade, transportation, utilities, and manufacturing) declining, while the overall vacancy rate rose to 4.6% and net absorption turned negative at -2.2 million square feet year-to-date. Average asking rents continued declining, down 3.4% year-over-year to $1.32 per square foot monthly on a triple-net basis, though the pace of decline has moderated and leasing activity remained steady at 8.7 million square feet, with demand concentrated in infill submarkets of LA South and LA Central.

This is a quarterly industrial real estate data report published by CBRE on March 31, 2026, presenting figures for the Los Angeles market in the first quarter of 2026.

This is a data-figures report published by CBRE on March 31, 2026, presenting office sector figures for San Francisco in the first quarter of 2026.

This is a market report published by CBRE in December 2025 covering the office sector in San Francisco, California. The report provides a snapshot of conditions and metrics for the San Francisco office market as of the fourth quarter of 2025.

This is a market report published by JLL in June 2025 covering retail sector dynamics in the Los Angeles market during the second quarter of 2025.

The San Francisco office market showed improving fundamentals in first quarter 2026, with leasing activity totaling 3.4 million square feet—the sixth consecutive quarter exceeding 2.0 million square feet—and net absorption of 855,000 square feet representing the strongest total since 2019, though overall vacancy remained elevated at 28 percent and asking rents increased 3.4 percent year-over-year to $48.70 per square foot. High-profile tenant expansions by AI-focused firms including OpenAI's 222,000-square-foot lease and Anthropic's combined 626,000 square feet across three properties demonstrated confidence in San Francisco as an innovation center, while demand concentrated in newer, well-located buildings with amenities reinforced a widening performance gap between high-quality and older inventory.

Kidder Mathews' 1Q 2026 Los Angeles office market report documents a market facing persistent headwinds, with direct vacancy holding steady at 15.9%, total availability at 19.7%, and average direct asking rents at $3.53 per square foot on a full-service basis. Leasing activity remained relatively flat at 3.4 million square feet with negative net absorption of 143,000 square feet, reflecting continued tenant hesitancy around return-to-office mandates and a structural shift toward remote and hybrid work arrangements, though healthcare occupiers and new media companies showed increased demand amid elevated landlord concessions in higher-vacancy submarkets.

This is a market report published by Colliers in March 2026 covering the office sector in San Francisco, California.

The Los Angeles industrial market in first quarter 2026 recorded a direct vacancy rate of 5.9% with total leasing activity of 5.9 million square feet and negative net absorption of 2.0 million square feet, while average asking rents stood at $1.39 per square foot on a triple net lease basis with average sale prices at $325.04 per square foot and a 3.6% cap rate. Global geopolitical developments and elevated fuel costs pressured logistics users, though demand continued from aerospace, defense, and advanced manufacturing sectors, with notable transactions including Amazon leasing 500,000 square feet in Long Beach and Varda Space Industries leasing 200,000 square feet in Torrance.

This is a market report published by Colliers on March 31, 2026 covering the office sector in the San Francisco Bay Area during the first quarter of 2026.

This is a market report published by Colliers in Q1 2026 covering the industrial sector in Central Los Angeles. The report provides analysis of the Central Los Angeles industrial market as of the first quarter of 2026.

The Kidder Mathews report covers the Los Angeles multifamily market in first quarter 2026, presenting key metrics including a vacancy rate of 5.6%, average asking rents of $2,292 per unit monthly (flat year-over-year), average sales prices of $282,900 per unit (down 8% from 1Q25), and an average cap rate of 5.7%. The report details significant transactions, under-construction projects totaling 26,044 square feet, completed deliveries, and market trends showing construction deliveries down 23% year-over-year and net absorption down 83% compared to the prior year quarter.

This is a market report published by Colliers in the first quarter of 2026 covering the industrial sector in the Greater Los Angeles area. The report is classified as regional industrial real estate research.

This is a multifamily housing market report for Greater Los Angeles published by Colliers in the first quarter of 2026. The report covers residential apartment and rental property market conditions in the Los Angeles area.

This is a first-quarter 2026 data report published by CBRE covering multifamily market figures for the Inland Empire region, with geographic focus on the Los Angeles and California areas.

This is a first-quarter 2026 multifamily market data report published by CBRE covering Los Angeles, California.

The 2026 Revista Medical Real Estate Investment Forum (MREIF) begins next week (the week of February 2) in Palos Verdes, California. Palos Verdes lies within the Los Angeles metro area. We thought it would be interesting to check in on a few MOB trends within the LA metro area before the MREIF begins. The post A…

Rising costs, insurer exits, and climate-risk modeling are reshaping some property values, lending decisions, and resilience investment in the state’s real estate markets.

This week, the Radius+ team took a look at the Oxnard-Thousand Oaks-Ventura, CA CBSA. Oxnard and the surrounding Ventura County markets have seen little to no new supply growth in recent years, creating a structurally favorable environment for operators. Climate-controlled storage remains underserved at just above…

The 2026 Colliers Logistics & Transportation (L&T) Supply Chain Conference brought industry leaders from across North America together in Huntington Beach, CA. The energy and sentiment of the conference-goers proved to be in sync with the breezy California beach conditions. After a stretch defined by rapid…

The 2026 BOMA International Medical Real Estate Conference was held in San Diego, CA, from April 29 to May 1. It highlighted a sector at a pivotal inflection point, where technology, care delivery transformation, and operational discipline are converging to reshape medical real estate strategy. Speakers emphasized…

Duty to Serve research mapping MHROCs: only 1,065 of ~45,600 US MHCs (2.4%) are resident-owned; over three-quarters sit in Florida, California and New Hampshire.
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San Diego vacancy up 61.6% YoY to 28.6%, driven by delivery of 3M+ sq ft of new life sciences space.

Q3 2025 US life science conditions: early stabilization as leasing and tenant demand modestly improved across Boston, San Diego and the Bay Area.

IPA national MHC report: nationwide vacancy 5.2% entering 2025, ~100,000 units delivered in 2024 (up ~50% from 2015), constrained new community development, Pacific subregion vacancy near 1.0%.

Metro-level Cushman medical office data: San Diego Q2 2025 rents up 5.9% YoY (Class A +9.8%); Mid City submarket led rent growth at +11.3%.

CBRE talent trends: US life sciences employment hit a record 2.1M in March 2025; Boston-Cambridge and SF Bay Area lead talent rankings. Substantial data shown free on page.
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Bay Area Q1 2025 life sciences market: vacancy, leasing and rent trends across the region's lab clusters.
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San Diego Q1 2025 life sciences report tracking vacancy, leasing and rents in a softening lab market.

Brief finds 44,723 new affordable homes in California's near-construction pipeline awaiting final funding, with actions to unlock and scale production.

CBRE annual US life sciences outlook: Q4 lab leasing up 28% YoY, positive net absorption, ~8M sq ft of new lab space due in 2025, rising concessions in Boston and the Bay Area.

Cushman & Wakefield Q4 2024 medical office market report for San Diego (metro-level fundamentals, rents and absorption).
Examines how AI and machine learning firms concentrate in the Bay Area, New York and London, with AI leasing remaining strong across San Francisco and Manhattan's AI leasing already surpassing all of 2025.

A thematic report on how the technology industry drives the U.S. office market, tracking tech talent and corporate expansion beyond the San Francisco Bay Area into emerging hubs.

Savills reports San Francisco's strongest leasing quarter since 2014 at 3.8 million square feet in Q1 2026, driven largely by AI and advanced technology firms.

Avison Young reports U.S. office leasing of 61.7 million square feet in Q1 2026, with availability declining for a seventh straight quarter to 22.2% and gateway markets San Francisco and Manhattan near pre-COVID volumes.

The San Francisco edition covers the AI-driven recovery in the office market, with leasing momentum concentrated in higher-quality, amenity-rich buildings.

The Greater Los Angeles edition reviews local office, industrial, retail and multifamily conditions for 2026, noting the lagging office market is bottoming out.
The January 2026 VTS Office Demand Index reports tech sector office demand surged in 2025 to become the primary national growth driver, with Seattle and San Francisco each posting year-over-year VODI gains near 50 percent, up 46 and 45 percent respectively.

RealPage identifies 11 of the 50 largest apartment markets expecting effective asking rent gains of 3 percent or more in 2026, led by Miami at 3.8 percent, Seattle at 3.7 percent and Los Angeles at 3.2 percent.
The October 2025 VTS Office Demand Index reports San Francisco became the top US office market with a VODI of 123, up 112 percent annually, versus New York at 78. Nationally, demand rose 16 percent year over year while declining 4 percent quarter over quarter.
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Life sciences venture capital funding reached 20.8 billion dollars in the first half of 2025, equal to 44.9 percent of the 2024 total. High rents in Boston-Cambridge, the Bay Area and San Diego pushed companies toward lower-cost markets.