Mission Bay's tenant base is anchored by life sciences, biotech, healthcare technology.

  • Tier: prime.
  • Tenant character: Life-sciences and tech campus belt south of SOMA.
  • Average rent: $78/sqft/yr.

Mission Bay, San Francisco tenant profile

Mission Bay's tenant base is anchored by life sciences, biotech, healthcare technology.

TL;DR

  • Tier: prime.
  • Tenant character: Life-sciences and tech campus belt south of SOMA.
  • Average rent: $78/sqft/yr.

Who clusters here

Life sciences, biotech, healthcare technology.

What that means for newcomers

Newcomers to Mission Bay should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

citySan Francisco
submarketMission Bay
tierprime
averageRentLocal$78/sqft/yr
cityClassARentUsd$78/sqft/yr
cityVacancyPct31.5%

Frequently asked questions

What kind of tenants lease in Mission Bay?
Life sciences, biotech, healthcare technology.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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