South of Market

San Francisco - CA USA - Industrial Submarket

Industrial real estate intelligence for the South of Market submarket. 7.7M SF of inventory with 16.2% vacancy. Data sourced from various MLS platforms.

7.7MSF

Inventory

1.4MSF

Available

16.2%

Vacancy

18.6%

Availability Rate

$34.54

Asking Rent

1.3%

Rent Growth

164KSF

12mo Absorption

29KSF

Under Construction

Market Metrics

12mo Delivered

4K SF

Under Constr % of Inv

0.4%%

Sale Price/SF

$520

Cap Rate

5.6%%

12mo Sales Volume

$27,563,616

Sales Vol Growth

-46.8%

Asset Value

$4,045,332,506

Net Absorption

+164K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Peraton	$46.3M	195,965	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
3199 Pilot Knob Rd	$10.0M	248,482	Swervo Development Corporation
Fort Worth Data Center/DFW1	-	133,298	CSquare
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC
xAI - Colossus 2 Datacenter	$72.9M	1,007,838	X Holding Corp.

Available DC Space in Market

Property	Avail SF	Rent	Owner
CityPlex Towers 20, 30, & 60	350,444	$14.00 - 19.00	Oral Roberts University
Omnis Data Center	15,070	$21.00	Omnis Network, LLC
Agave Business Center	4,053	$16.50	Camco Investment Group
928 Huston St	17,985	$18.60	Action Investment Group, Inc.
938 Huston St	16,970	$18.60	Action Investment Group, Inc.

Data Centre Development Potential

High vacancy (16.2%) in South of Market may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 29K SF indicates developer confidence in the submarket. Positive net absorption of 164K SF over the past 12 months signals healthy demand fundamentals.