San Francisco Retail MarketBeat Q1 2026
San Francisco's retail market improved in Q1 2026 with overall vacancy declining to 6.3% (down 70 basis points year-over-year) while asking rents held firm, supported by median household income of $160,900, retail sales growth of 4.4% year-over-year, and expanded leasing activity across fitness, entertainment, food and beverage sectors. Union Square specifically showed stronger recovery with vacancy falling to 20.0%, though the San Francisco Centre mall closed in January 2026 for multi-year redevelopment following years of declining occupancy and anchor tenant losses.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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