San Francisco has 6 distinct Class A submarkets we track, anchored by Transbay at the trophy tier.
San Francisco has 6 distinct Class A submarkets we track, anchored by Transbay at the trophy tier.
**Transbay** (trophy, ~$105/sqft/yr) — The trophy core anchored by Salesforce Tower. **Financial District** (prime, ~$75/sqft/yr) — The historic FiDi spine — Montgomery to California. **Mission Bay & SoMa** (prime, ~$80/sqft/yr) — Tech-led southern submarket. **Jackson Square** (established, ~$70/sqft/yr) — Boutique HQ market in historic SF. **Mission Bay** (prime, ~$78/sqft/yr) — Life-sciences and tech campus belt south of SOMA. **South of Market (SOMA)** (trophy, ~$92/sqft/yr) — The post-2010 tech trophy spine.
| city | San Francisco |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 78 USD/sqft/yr |
| classARentUsd | $78/sqft/yr |
| vacancy | 31.5% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 22 |
| submarkets | 6 |
| primeYieldPct | 6.5% |
| trophyCount | 2 |
| primeCount | 3 |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.