Newmark sees San Francisco office leasing on track for 30-year high in 2026

By Public Technologies
  • Newmark analysis with Juicebox showed San Francisco office leasing hit 7.9 million square feet in H1 2026, up 37% year over year.
  • Leasing pace implies 15.9 million square feet for 2026, positioning the market for a 30-year high.
  • Average lease size rose to 20,388 square feet, the highest since 2019, as vacancy fell year over year in Q1 and Q2.
  • Tech and AI expansion leasing reached about 390,000 square feet in six months, exceeding each full-year total since 2019.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005142317) on October 05, 2026, and is solely responsible for the information contained therein.

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