San Francisco office space is among some of the most expensive in the world alongside places like New York and Silicon Valley. Fortunately, it’s also one of the fastest-growing flexible workspace markets, which means businesses of all sizes can still afford to secure space in the city’s thriving business hubs.
Those searching for coworking space in San Francisco will have plenty of options to choose from, and the city’s high energy and eclectic culture is a great place to enjoy the collaborative, social and flexible perks that coworking has to offer. With more businesses choosing this agile and affordable way of working over conventional leases, supply of coworking space has skyrocketed in the last few years.
From free beer and stellar coffee to elite gym, shopping and health centres, coworking spaces in the city offer a range of services and amenities to benefit the talented workforce in San Francisco. With everyone from entrepreneurs to tech start-ups and creatives co-existing in the city, the overall community provides a great base for businesses in every sector.
The Financial District is a premium spot for coworking space and is home to several high-profile brands and Fortune 500 companies, making it a popular destination for corporate headquarters, consulates and law firms. With access to shopping, restaurants and hotels, this high-rise hub is a thriving center for business.
Just below the Financial District lies South of Market, or SoMa, which is home to an impressive array of tech companies and start-ups in a rapidly developing and trendy neighbourhood.
Downtown’s Union Square is an upmarket area surrounding the public plaza, where luxury retail shops, hotels, boutiques and galleries ensure a constant stream of foot traffic.
For help deciding which area of the city is best for your business, speak to Instant Offices about coworking space in San Francisco, and secure your office in one of the most popular districts in this vibrant city.
San Francisco hosts one of the largest flexible workspace markets in the US, with 180 locations currently tracked by The Instant Group. The wider Bay area hosts a similar number. Despite its already substantial size, the market continues to grow with an uplift of nearly 17% seen during 2019.
The city has one of the highest average workstation rates across the US, at $880 per workstation per month. Rates are currently static, suggesting a balanced market at present.
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