Marin County Office Report
Net absorption was positive 44,795 square feet for the first quarter of 2025. This is largely due to the County of Marin absorbing their 44,420 square foot availability for the Fire Department in February. Average weighted full service asking rates across Marin County in the first quarter of 2025 increased slightly to $3.45 per square foot. Prices on average have remained stagnant, only increasing by $0.02 per square foot since 2020. Hybrid work trends continued to inspire downsizing into quality buildings, allowing employers to better incentivize workers to return to the office.
Download Marin County Office Market Report 1Q25