San Francisco retail market reports

Q1 2023: The first quarter of 2023 challenged many Bay Area retailers as the economy continues to struggle with rising interest rates and inflation. San Francisco’s slow return to office and increased crime rate has made it difficult for existing retailers, while rising construction costs have deterred prospective tenants. Despite this, retail employment is steadily continuing its post-COVID recovery.

3.3 msf

Total San Francisco retail availability including Union Square and surrounding areas

With a slow return to office and an increased crime rate, downtown retail businesses have struggled to perform and attract customers at the same rate as before the pandemic. 

Construction costs soar in California since Q1 2020

Tenants are now finding it increasingly difficult to underwrite suitable spaces as construction costs have soared, causing a drop in leasing activity.

Retail Employment up YoY

Retail employment has continued its steady recovery since the onset of COVID, but it will take time for a full recovery due to inflation and rising labor costs.
Download the Q1 2023 retail market report

Your source for the latest San Francisco retail market reports

Get in-depth retail market reports and insights from commercial real estate experts in the Greater San Francisco Bay area. Avison Young advisors look at San Francisco commercial real estate activities and the latest San Francisco statistics to provide you expert market research on San Francisco's retail properties.

Explore different topics like the latest retail market pricing trends and analysis of San Francisco's current retail real estate market conditions. Gain a better understanding of San Francisco’s retail real estate outlook and stay ahead of current retail space trends. Make smart decisions when it comes to investing in retail properties in San Francisco's competitive retail real estate market. Avison Young is your trusted source for commercial real estate retail market insights in San Francisco.

The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.

Get the latest San Francisco office market reports right in your inbox