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Marin County Market Reports

Marin County Market Reports

Average Asking Rent (Price/SF)      $3.47
Availability Rate (%)      21.0%
Net Absorption (SF)  -34,254

The Marin County office leasing market followed seasonal activity with mild negative net absorption. Although the market has tallied minor negative net absorption every third quarter since 2016, year-to-date net absorption remained positive. Several large user requirements are currently out in the market with some expected to land in the fourth quarter, adding to net absorption for the year. The investment market hit new pricing highs with the sale of Belvedere Place and was quite active with several office properties changing hands and a number of offerings going into escrow.



Marin County Office Market Report
3Q19
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