Transbay is a trophy-tier San Francisco submarket with average asking rent around $105/sqft/yr.
Transbay is a trophy-tier San Francisco submarket with average asking rent around $105/sqft/yr.
Transbay averages around $105/sqft/yr for Class A, against a citywide Class A index of 78. As a trophy submarket, rent runs above the city average and availability is structurally tight.
The trophy core anchored by Salesforce Tower. Foundation-model AI, fintech, large enterprise software, top law firms.
| city | San Francisco |
|---|---|
| submarket | Transbay |
| tier | trophy |
| averageRentLocal | $105/sqft/yr |
| cityClassARentUsd | $78/sqft/yr |
| cityVacancyPct | 31.5% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.