Family Office Briefing on research byKidder Matthews·Jul 19, 2023
Peninsula/San Mateo Industrial Market Report - 2nd Quarter 2023
Peninsula industrial market shows a direct vacancy rate of 4.1% in 2Q23 — family offices should consider co-GP opportunities with disciplined operators.
Industrial2023
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 4.1% |
| Total Availability Rate | 4.8% |
| Direct Asking Lease Rate | 1.95$/SF |
| Leased SF | 264,794SF |
| Sold SF | 174,643SF |
| Total Net Absorption | -223,098SF |
Metrics extracted from the source report and independently fact-checked. Method →
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