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Sonoma Market Reports

Direct Full Service Asking Rent (Price/SF)      $1.90
Availability Rate      11.7%
Net Absorption (SF)  -93,708

The Sonoma County office market experienced negative net absorption of approximately 93,708 square feet in the first quarter of 2019, which increased the vacancy rate to 11.7% from 10.8% in the fourth quarter of 2018. Keysight Technologies' move out of SOMO Village and back into its campus in Fountaingrove, which was damaged in the fires, was a large influence on the negative net absorption tallied in the Sonoma County market.



Sonoma Office Market Report
1Q19
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