Family Office Briefing on research byKidder Matthews·Apr 8, 2026
PENINSULA/SAN MATEO OFFICE MARKET REPORT - 1st Quarter 2026
San Mateo office market shows signs of stabilization with a 21.7% direct vacancy rate in 1Q26 — family offices should consider co-GP opportunities with disciplined operators.
2026
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 21.7% |
| Asking Lease Rate/SF/Mo | 5.50$ |
| Leasing Activity | 787K SF |
| Net Absorption | -313K SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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