{"id":11822,"date":"2018-05-07T13:55:33","date_gmt":"2018-05-07T13:55:33","guid":{"rendered":"https:\/\/www.instantoffices.com\/blog\/?p=11822"},"modified":"2022-06-22T07:46:27","modified_gmt":"2022-06-22T07:46:27","slug":"cost-per-desk-san-francisco","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/instant-offices-news\/cost-per-desk-san-francisco\/","title":{"rendered":"Cost Per Desk San Francisco"},"content":{"rendered":"

Alongside Coworking Space in Hong Kong<\/a>, New York and Silicon Valley, San Francisco is among the top 10 most expensive<\/a> office space markets in the world. Fortunately, as demand for space in the city continues to soar, impressive YoY growth in the flexible and co-working sector means businesses can still afford to secure space in San Francisco\u2019s most popular districts.
\n\"How<\/a><\/p>\n

<\/h2>\n

Average Desk Cost in San Francisco<\/strong><\/span><\/h2>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t
Area<\/th>Average Desk Cost<\/th>Number of Centers<\/th>\n<\/tr>\n<\/thead>\n
Downtown<\/td>$950<\/td>5<\/td>\n<\/tr>\n
South of Market<\/td>$998<\/td>16<\/td>\n<\/tr>\n
San Francisco<\/td>$1,046<\/td>94<\/td>\n<\/tr>\n
Nob Hill<\/td>$1,192<\/td>4<\/td>\n<\/tr>\n
Financial District<\/td>$1,500<\/td>8<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

San Francisco is one of the most expensive places in the world in which to rent a desk, with average monthly costs ranging between $950 in Downtown to $1500 in the exclusive Financial District. Despite this, research by Instant Offices indicates the city\u2019s flex workspace market is also one of the fastest growing in the world, alongside New York and Los Angeles.<\/p>\n

Last year, San Francisco experienced a 13% increase in centers offering co-working, flexible and hybrid office space. This was against an already established base, with high desk rates indicating the strength of the market.<\/p>\n

Center Growth YoY<\/strong><\/span><\/h2>\n
\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t
Area<\/th>Growth 2016 vs 2017<\/th>Serviced<\/th>Co-working<\/th>Hybrid<\/th>Other<\/th>\n<\/tr>\n<\/thead>\n
San Francisco<\/td>13%<\/td>41%<\/td>22%<\/td>33%<\/td>4%<\/td>\n<\/tr>\n
South of Market<\/td>14%<\/td>13%<\/td>37%<\/td>50%<\/td>0%<\/td>\n<\/tr>\n
Downtown<\/td>0%<\/td>60%<\/td>0%<\/td>40%<\/td>0%<\/td>\n<\/tr>\n
Financial District<\/td>15%<\/td>50%<\/td>25%<\/td>25%<\/td>0%<\/td>\n<\/tr>\n
Nob Hill<\/td>25%<\/td>25%<\/td>25%<\/td>50%<\/td>0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n<\/div>\n

Additional research by Instant Offices, which collates more than 20 years of data, shows businesses can save up to 73%<\/a> by choosing flexible office space in San Francisco<\/a> over conventional leased space in the world\u2019s major cities.As more businesses swap the constraints of traditional offices for agile workspaces, flexible leases and improved networking opportunities, San Francisco\u2019s established city market continues to dominate. No longer just for freelancers, remote workers and start-ups, large corporates are also seeking new opportunities and long-term flexibility, and brands like IBM, Amazon, Glassdoor and Sephora have joined the city\u2019s expanding tenant base.<\/p>\n

San Francisco\u2019s Popular Districts <\/strong><\/span><\/h2>\n

Several operators in San Francisco are highly focused on targeting tech start-ups, but there is growing number of operators focusing on niche businesses in film, print and new media. With sensational growth of flexible space in the US overall and the expansion of large operators like WeWork into key areas, it is worth noting that more than half of all centers are run by independent operators, some of the city\u2019s most notable including Knotel, Onepiece, TechSpace and Werqwise.<\/p>\n

Downtown San Francisco <\/strong><\/h3>\n

Average Desk Cost:<\/strong> $950<\/p>\n

Downtown centers offering serviced offices saw a massive 60% increase last year. The Market Square development saw downtown San Francisco revived as Twitter became the lead tenant in the area, followed by brands like Dolby and Zendesk. Operators are opening several locations in up and coming Mid-Market.<\/p>\n

South of Market<\/strong><\/h3>\n

Average Desk Cost:<\/strong> $998<\/p>\n

Demand for hybrid office space in trendy SoMa increased by a massive 50% last year as more centers began offering a combination of co-working and private office space. The Galvanize campus in this area is a highly sought-after base for start-ups and established companies in tech.<\/p>\n

Nob Hill<\/strong><\/h3>\n

Average Desk Cost:<\/strong> $1192<\/p>\n

Start-ups, tech firms and media companies are increasingly interested in Jackson Square office space, and WeWork\u2019s exclusive boutique center close to 100% capacity, which means Nob Hill\u2019s appeal as a work hub is growing. Last year saw a 50% increase in hybrid office space as more business saw the hidden value flexible office space can offer in this exclusive area.<\/p>\n

Financial District<\/strong><\/h3>\n

Average Desk Cost:<\/strong> $1500<\/p>\n

The Financial District saw impressive growth across the board with a 15% increase in the number of centers offering flexible workspace, a 50% increase in serviced offices and a 25% increase in both co-working and hybrid offerings. Highly anticipated 61-floor Salesforce building is the city\u2019s newest and tallest building, and home to a number of high profile tenants, including WeWork and CBRE.<\/p>\n

Discover the coworking spaces in San Francisco<\/a> with Instant Offices.<\/p>\n

\n

Looking for Office Space?<\/strong><\/h2>\n

We Operate in Some of the World’s Top Cities:<\/span><\/p>\n

London<\/a>, New York<\/a>, San Francisco<\/a>, Paris<\/a>, Singapore<\/a>, Hong Kong<\/a>,
\nSearch more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Alongside Coworking Space in Hong Kong, New York and Silicon Valley, San Francisco is among the top 10 most expensive office space markets in the world. Fortunately, as demand for space in the city continues to soar, impressive YoY growth in the flexible and co-working sector means businesses can still afford to secure space in San Francisco\u2019s most popular districts. Average Desk Cost in San Francisco San Francisco is one of the most expensive places in the world in which to rent a desk, with average monthly costs ranging between $950 in Downtown to $1500 in the exclusive Financial District. Despite this, research by Instant Offices indicates the city\u2019s flex workspace market is also one of the fastest growing in the world, alongside New York and Los Angeles. Last year, San Francisco experienced a 13% increase in centers offering co-working, flexible and hybrid office space. This was against an already established base, with high desk rates indicating the strength of the market. Center Growth YoY Additional research by Instant Offices, which collates more than 20 years of data, shows businesses can save up to 73% by choosing flexible office space in San Francisco over conventional leased space in the world\u2019s major cities.As more businesses swap the constraints of traditional offices for agile workspaces, flexible leases and improved networking opportunities, San Francisco\u2019s established city market continues to dominate. No longer just for freelancers, remote workers and start-ups, large corporates are also seeking new opportunities and long-term flexibility, and brands like IBM, Amazon, Glassdoor and Sephora have joined the city\u2019s expanding tenant base. San Francisco\u2019s Popular Districts Several operators in San Francisco are highly focused on targeting tech start-ups, but there is growing number of operators focusing on niche businesses in film, print and new media. With sensational growth of flexible space in the US overall and the expansion of large operators like WeWork into key areas, it is worth noting that more than half of all centers are run by independent operators, some of the city\u2019s most notable including Knotel, Onepiece, TechSpace and Werqwise. Downtown San Francisco Average Desk Cost: $950 Downtown centers offering serviced offices saw a massive 60% increase last year. The Market Square development saw downtown San Francisco revived as Twitter became the lead tenant in the area, followed by brands like Dolby and Zendesk. Operators are opening several locations in up and coming Mid-Market. South of Market Average Desk Cost: $998 Demand for hybrid office space in trendy SoMa increased by a massive 50% last year as more centers began offering a combination of co-working and private office space. The Galvanize campus in this area is a highly sought-after base for start-ups and established companies in tech. Nob Hill Average Desk Cost: $1192 Start-ups, tech firms and media companies are increasingly interested in Jackson Square office space, and WeWork\u2019s exclusive boutique center close to 100% capacity, which means Nob Hill\u2019s appeal as a work hub is growing. Last year saw a 50% increase in hybrid office space as more business saw the hidden value flexible office space can offer in this exclusive area. Financial District Average Desk Cost: $1500 The Financial District saw impressive growth across the board with a 15% increase in the number of centers offering flexible workspace, a 50% increase in serviced offices and a 25% increase in both co-working and hybrid offerings. Highly anticipated 61-floor Salesforce building is the city\u2019s newest and tallest building, and home to a number of high profile tenants, including WeWork and CBRE. Discover the coworking spaces in San Francisco with Instant Offices. Looking for Office Space? We Operate in Some of the World’s Top Cities: London, New York, San Francisco, Paris, Singapore, Hong Kong, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":11823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[214,76],"tags":[446,447,42],"class_list":["post-11822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-instant-offices-news","tag-cost-per-desk-san-francisco","tag-flexible-working-san-francisco","tag-san-francisco"],"yoast_head":"\nCost Per Desk San Francisco - Instant Offices Blog<\/title>\n<meta name=\"description\" content=\"Find out how much it costs to rent a desk in San Francisco, one of the fastest growing flex workspace markets in the world. 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