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We're Number One

The lowest office vacancy rate in the country belongs to San Francisco. The total vacancy rate is 11.3 percent, but "trendy submarkets such as SoMa are closer to 5 percent." This has lead to a dramatic increase in rates, with rents rising 62.8 percent since 2010. In that same time frame office leases in the city have expanded by over 34 million sq. ft. [San Francisco Business Times]