San Francisco Commercial Real Estate Report, September 2026
Every figure below is computed from the 174 headlines Real Estate Trail’s wire tagged to San Francisco from Sep 1 through the end of September 2026 (America/New York), each linked to its source. Nothing here is estimated or modelled.
Coverage by sector
| Sector | Items | Share |
|---|---|---|
| Untagged | 74 | 43% |
| Office | 33 | 19% |
| Multifamily | 20 | 11% |
| Industrial | 17 | 10% |
| Capital | 15 | 9% |
| Hospitality | 8 | 5% |
| Retail | 7 | 4% |
100 of 174 items carry a sector tag (57%). Tags are inferred from the headline by regex, first match wins.
Deal-type mix
| Type | Items | Share |
|---|---|---|
| Sale | 53 | 30% |
| Financing | 6 | 3% |
| Lease | 14 | 8% |
| Development | 7 | 4% |
| Other transaction | 4 | 2% |
| No transaction cue | 90 | 52% |
Classified from headline cues only. A headline with no transaction cue is counted, not dropped.
Disclosed-price sales
33 priced headlines · 20 distinct dealsLargest by square footage
Outlets
| Outlet | Items | Share |
|---|---|---|
| The Registry | 122 | 70% |
| PR Newswire | 15 | 9% |
| Connect CRE | 11 | 6% |
| REBusiness Online | 7 | 4% |
| The Business Journals | 3 | 2% |
| Hospitality Net | 2 | 1% |
| HousingWire | 2 | 1% |
| mercurynews.com | 2 | 1% |
| Multifamily Dive | 2 | 1% |
| The Mercury News | 2 | 1% |
| Commercial Observer | 1 | 1% |
| Construction Dive | 1 | 1% |
| CoStar | 1 | 1% |
| Green Street News | 1 | 1% |
| San Francisco Chronicle | 1 | 1% |
| Seeking Alpha | 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 |
|---|---|
| CBRE | 2 |
| Marcus & Millichap | 2 |
| Newmark | 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: 6 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.