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San Francisco North Bay MarketBeat Reports

Robert Sammons • 10/19/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent North Bay MarketBeat reports below.


Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 North Bay Office Report

The North Bay vacancy rate closed the third quarter of 2020 at 11.4%, a quarterly increase of 80 basis points.

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Industrial MarketBeat Report
Q3 2020 North Bay Industrial Report

The overall asking rent in the North Bay industrial market continued to climb higher, finishing the third quarter at $1.18 per square foot (psf) on a monthly triple-net basis. 

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Retail MarketBeat Report
Q3 2020 North Bay Retail Report

In the North Bay retail market, categories deemed “essential” generally fared better and were still active in leasing spaces. Some significant lease transactions in the third quarter of 2020 were Grocery Outlet at 75 Bellam Boulevard in San Rafael and Dollar Tree in Stony Point Plaza in Santa Rosa.

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Office MarketBeat Report
Q4 2018 Napa & Solano Office Report

The Napa Solano office market recorded overall vacancy at the end of the fourth quarter at 7.9%, a 10 basis point increase from the third quarter figure of 7.8%. Modest leasing activity persisted, with little available space coming online.

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Industrial MarketBeat Report
Q3 2020 Napa & Solano Industrial Report

The Napa and Solano County industrial market had its fourth consecutive quarter in the black, recording 857,301 sf of positive net absorption.

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Featured Insights: Current U.S. MarketBeats

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Escritório

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 10/14/2020

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