Wednesday, June 10, 2026
Family Office Briefing on research byKidder Matthews·Apr 17, 2024

Peninsula/San Mateo Office Market Report - 1st Quarter 2024

Peninsula office market sees direct vacancy rise to 16.0% in Q1 2024 — family offices should consider co-GP strategies amid high vacancy rates.

Office2024

Key Metrics

MetricValue
Direct Vacancy Rate16.0%
Availability Rate26.2%
Asking Lease Rate5.91$/sf

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Office? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.