The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

San Francisco’s office leasing plunges in third quarter with only one big deal

San Francisco’s office leasing activity fell to 875,000 square feet in the third quarter as big deals were scarce and tenants were more cautious. It was the lowest third-quarter activity … Continue reading

October 6, 2016 · Leave a comment

Rubicon Pays $154MM to Buy San Mateo Office Asset

San Francisco-based Rubicon Point Partners has acquired the approximately 300,000 square foot San Mateo BayCenter in San Mateo for approximately $154.4 million, or $515 per square foot, according to sources … Continue reading

September 21, 2016 · Leave a comment

Invesco Buys The Piers in San Francisco for $90.8MM

Atlanta-based Invesco Real Estate had closed on The Piers mixed-use project in San Francisco located at Piers 1.5, 3 and 5 near the Ferry Building for $90.8 million, according to … Continue reading

September 13, 2016 · Leave a comment

Black Mountain Properties Sells San Carlos Business Park for $61.1 Million

After 20 years of ownership, Black Mountain Properties has sold the San Carlos Business Park in San Carlos, CA to The Pillar Group out of Mountain View, CA for $61.1 … Continue reading

September 7, 2016 · Leave a comment

Chinese developer pays $171 million for 42-acre biotech site in South San Francisco

Greenland USA and its equity partners (represented by Kidder Mathews) completed the purchase of the Landing at Oyster Point, a proposed 2.25 million-square-foot biotech and life science campus in South … Continue reading

August 29, 2016 · Leave a comment

San Francisco Industrial Q2 Report

Here’s an excerpt from the report: The San Francisco industrial market contracted modestly in the second quarter of 2016, with 141,800 square feet of negative net absorption raising the vacancy … Continue reading

July 21, 2016 · Leave a comment

Kidder Mathews Helps Move Long-time Redwood City Tenant

This story originally appeared in the San Mateo Daily Journal. ¬†Kidder Mathews broker, Michael Hironimus, assisted Goetz Bros with the site identification. Goetz Brothers leaves downtown Redwood City: After 80 … Continue reading

July 20, 2016 · Leave a comment