San Francisco Commercial Real Estate Report, August 2026
Every figure below is computed from the 120 headlines Real Estate Trail’s wire tagged to San Francisco from Aug 1 through the end of August 2026 (America/New York), each linked to its source. Nothing here is estimated or modelled.
Bay Area coverage this month was dominated by a single outlet, The Registry, which filed several times more items than the next source. Office led the tagged headlines, with multifamily and capital markets following, and the deal-type mix was unusually balanced between sales and leases, the latter driven by artificial intelligence tenants taking space in San Francisco and the Peninsula. Notable threads included downtown office towers coming to market with published guidance, affordable housing openings in the city, a wave of apartment trades in South San Francisco and Potrero Hill, and at least one waterfront retail asset heading to foreclosure auction. Nearly half the items carried no sector tag, largely venture-funding and civic headlines that the inference rules do not classify.
Coverage by sector
| Sector | Items | Share |
|---|---|---|
| Untagged | 51 | 43% |
| Office | 21 | 18% |
| Multifamily | 16 | 13% |
| Capital | 15 | 13% |
| Industrial | 8 | 7% |
| Retail | 6 | 5% |
| Hospitality | 2 | 2% |
| Land | 1 | 1% |
69 of 120 items carry a sector tag (57%). Tags are inferred from the headline by regex, first match wins.
Deal-type mix
| Type | Items | Share |
|---|---|---|
| Sale | 22 | 18% |
| Financing | 6 | 5% |
| Lease | 24 | 20% |
| Development | 2 | 2% |
| Other transaction | 3 | 3% |
| No transaction cue | 63 | 53% |
Classified from headline cues only. A headline with no transaction cue is counted, not dropped.
Disclosed-price sales
18 priced headlines · 16 distinct dealsLargest by square footage
Outlets
| Outlet | Items | Share |
|---|---|---|
| The Registry | 84 | 70% |
| PR Newswire | 10 | 8% |
| Connect CRE | 8 | 7% |
| REBusiness Online | 6 | 5% |
| The Business Journals | 4 | 3% |
| CommercialSearch | 2 | 2% |
| Commercial Observer | 1 | 1% |
| Construction Dive | 1 | 1% |
| CoStar | 1 | 1% |
| HousingWire | 1 | 1% |
| Multifamily Dive | 1 | 1% |
| SiliconValley.com | 1 | 1% |
Outlet names are canonicalized so syndicated and regional editions of one publisher count together.
Firms mentioned
A mention is a headline that names the firm, whatever its role in the deal. It is not a transaction count and does not imply a broker, lender or buyer relationship.
| Firm | Headlines |
|---|---|
| Marcus & Millichap | 2 |
| CBRE | 1 |
Each table is produced by one named query in src/lib/figures.ts: the reporting threshold by marketMonthGate, coverage by sector by marketMonthSectorCounts, deal-type mix by marketMonthDealTypeMix, disclosed-price sales by marketMonthPricedSales, square footage by marketMonthLargestBySqft, outlets by marketMonthOutletShare and firm mentions by marketMonthFirmMentions. The month window comes from monthBoundsUtc, America/New York.
Excluded from the priced tables: headlines that state more than one distinct money figure, non-USD amounts, per-unit or per-square-foot prices, rows suppressed by the relevance gate, and duplicate reports of the same deal (same market, value within one percent, published within a week), which are folded into one row with the other outlets listed beneath it.
Excluded from every table on this page: 2 headlines the wire’s tagger assigned to this market whose headline names a different state, market or city (the tagger reads the story excerpt, so a firm’s home city can mis-tag a deal elsewhere). The rule is hasLocationConflict in the same file, applied before counting.
No figure on this page is produced by a language model. The editor’s note, where present, is written by a person and contains no numbers. Summed deal volume, per-firm deal credit, market share, cap rates and price-per-square-foot medians are deliberately not published: the corpus is a sample of what named outlets chose to report, not the market. Sources and methodology.