Suburbs to Be Hot Office Markets in 2018

Suburbs to Be Hot Office Markets in 2018  

Development of office space is shifting toward suburban areas, though San Francisco is expected to remain a top spot for such development throughout 2018, Commercial Café reports. Economists project that the overall office market will see growth in the new year. On a national level, 347 buildings and close to 75 million square feet of new office space will be delivered in 2018. Forty-seven percent of that total will be located in suburban areas.

Nearly 35 million square feet of office space is expected to hit the nation’s suburbs in 2018. That beats out the 24 million square feet projected in urban areas and 15 million square feet for central business districts. Investors are shifting their focus toward the suburbs, where vacant land is still available and there’s potential for large-scale development, according to Commercial Café.

The San Francisco Bay Area’s rising number of tech companies and startups continue to drive more office construction. The area is expected to boast the largest number of new suburban office space in 2018, with a total of 5.9 million square feet.



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Sabrina & Susan are native Californians - born and raised in the Silicon Valley with a passion for Residential Real Estate. A mother and daughter-in-law duo called - The Caton Team. With over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time. Call | Text at: 650-799-4333 | Email The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true. The Peninsula is our backyard - let us help make it yours. We represent Buyer’s and Seller’s throughout the Bay Area. The Caton Team – Susan & Sabrina A Family of Realtors Effective. Efficient. Responsive. What can we do for you?

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