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Marin County Market Reports

Marin County Market Reports

Average Asking Rent (Price/SF)      $2.99
Availability Rate (%)      22.3%
Net Absorption (SF)    73,975

After a quiet second half of 2018, the office leasing market stormed back to normal levels in the first quarter of 2019, as 207,255 square feet of leases were signed, a 10.0% increase over the total for third and fourth quarters of 2018 combined. Asking rates have remained steady or increased on a building-by-building basis. The apparent decline in asking rents was due to the lease-up of the highest-priced space in the market rather than any reduction in asking rents.

Marin County Office Market Report
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