San Francisco retail market reports

Q1 2024

Most Bay Area retail markets are reporting negative net absorption in Q1 2024, with San Francisco seeing exits from several big box retailers. However, many positive signs include increases in overall leasing activity, job postings, and newly registered businesses in San Francisco. Downtown San Francisco’s Vacant to Vibrant program also continues to see sustained success from pop-up businesses, fueling hope for an urban recovery.

3.7 msf

Total availability

Total San Francisco retail availability including Union Square and surrounding areas


Construction costs

Construction costs begin to stabilize, prompting increase in leasing activity


Total retail employment

Total retail employment sees decrease, but an uptick in job postings shows positive signs

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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.

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