Office Leasing Activity Down, Sublease Availability Up, and Tenants Asking for Relief Due to COVID-19

San Francisco Business Times   |   Laura Waxmann

Posted In — News & Press | In the News

Leasing activity dropped sharply in the first quarter of 2020 compared to last year while sublease availability levels were on the rise in San Francisco — a trend partially driven by COVID-19, according to a Kidder Mathews analysis published Thursday.

Sale activity also dropped sharply in the first quarter, with Kidder Mathews reporting an 80% decrease in transaction volume year-over-year.

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