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Office construction across the West Coast reaches 31.4 million square feet/168/san-franscisco-office-construction<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-cranes-high-rise.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/168/san-franscisco-office-constructionOffice construction across the West Coast reaches 31.4 million square feetSan Francisco represents 21.1 percent of all office construction currently underway across West Coast markets, second to Seattle-Bellevue, which leads the pack at 28.3 percent.
Office sales pricing is healthy, but transaction volumes are expected to taper/150/office-sales-healthy<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/interior-glass.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/150/office-sales-healthyOffice sales pricing is healthy, but transaction volumes are expected to taperYear-to-date sales volume totals more than $2.1 billion, on par with the first half of 2016
Software engineering salaries among highest, but what do you have to pay to live in the Bay Area? /45/san-francisco-bay-area-bay-area-cost-of-living<img alt="" height="63" src="/united-states/en-us/PublishingImages/Snapshots/building-in-the-park-gardens-by-the-bay-singapore-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/45/san-francisco-bay-area-bay-area-cost-of-livingSoftware engineering salaries among highest, but what do you have to pay to live in the Bay Area? ​Blocks of available Class A space between 20,000 to 29,999 square feet have jumped over the past year.
Over 6 million square-feet of excess industrial demand targeting Northern California/59/northern-california-indusrial-demand<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/the-crane-against-modern-buildings-under-construction-at-dusk-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/59/northern-california-indusrial-demandOver 6 million square-feet of excess industrial demand targeting Northern CaliforniaCurrently, an estimated 36.5 million square-feet of tenant demand is targeting Northern California.
High cost of living is driving domestic out-migration; immigration making up the difference/68/san-francisco-migration-driven-out<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/young-couple-going-shopping-and-carrying-shopping-bags-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/68/san-francisco-migration-driven-outHigh cost of living is driving domestic out-migration; immigration making up the differenceAn Average of 13 people moved into the city in 2016 a 19 percent drop from 2015 and a 50 percent drop from the peak of 26 per day in 2012.
Large leasing activity dominated by expansions and relocations/82/san-francisco-leasing-activity-dominated-by-expansions-2-20-2017<img alt="" height="63" src="/united-states/en-us/PublishingImages/Snapshots/windows-and-balconies-jll.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/82/san-francisco-leasing-activity-dominated-by-expansions-2-20-2017Large leasing activity dominated by expansions and relocationsSan Francisco has seen more transactions over 80,000 square feet this cycle than any previous — 37 in the past three years — the majority of which (76 percent) were expansions and relocations.