Mar
14
Top 10 California Office Deliveries in 2017
ByCalifornia’s office market continues to boom, thanks in part to smart development activity. In 2017, more than 2 million square feet of office space came online in Los Angeles, while San Francisco added about 1.4 million square feet.
California is one of the most active office markets in the country, with consistent development and leasing activity over the past decade. In Los Angeles, more than 2 million square feet of office space came online in 2017, while San Francisco added about 1.4 million square feet last year. Moreover, roughly 7 million square feet is expected to come online by the end of 2018 in San Francisco.
While high rates are beginning to push tenants to less expensive California metros, such as Sacramento, the most active metros in terms of office deliveries in 2017 remain San Jose, San Francisco and Los Angeles. This list highlights the largest office deliveries in The Golden State by square footage…
