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Marin County Market Reports

Marin County Market Reports

Average Asking Rent (Price/SF)          $3.07
Availability Rate (%)       20.42%
Net Absorption (SF)       21,877

At the start of April, the 11,869-square-foot, two-story office building at 1115 Third Street in Central San Rafael sold for $4.0 million, or $337/SF. The seller was Marin Community Foundation, which had used the building to house the Marin Youth Center from 2004 to 2011, and the Renaissance Entrepreneurship Center, which had occupied the building from 2012 to 2015. The buyer of the property was San Francisco-based Pederson Media Group, which will occupy the building.



Marin County Office Market Report
2Q17
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