Family Office Briefing on research byKidder Matthews·Jun 2, 2023
Peninsula/San Mateo Industrial Market Report - 1st Quarter 2023
Peninsula industrial market shows a direct vacancy rate of 3.6% in 1Q23 — family offices should consider co-GP opportunities with disciplined operators.
Industrial2023
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 3.6% |
| Total Availability Rate | 4.6% |
| Direct Asking Lease Rate | 2.34$/SF |
| Leased SF | 272,088SF |
| Sold SF | 34,409SF |
| Total Net Absorption | -157,873SF |
Metrics extracted from the source report and independently fact-checked. Method →
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