Marin County Office Report
Net absorption was negative 18,631 square feet for the fourth quarter of 2024. The two submarkets that contributed most to this negative absorption was Southern Marin and Northern San Rafael. Average weighted full service asking rates across Marin County in the fourth quarter of 2024 remained constant at $3.41 per square foot. Hybrid work trends continue to inspire downsizing into quality buildings, allowing employers to better incentivize workers to return to the office.
Download Marin County Office Market Report 4Q24