Another great report showing the strength of the mid-peninsula real estate market. Here’s an excerpt:
The San Francisco Peninsula only saw 38,313 square feet of negative net absorption this quarter, however, it observed 561,554 square feet of gross absorption. The market continues to stay productive, with deals of all sizes completed throughout the San Francisco Peninsula industrial market in the first quarter of 2014. San Mateo County experienced minimal occupancy losses as well, which is not due to a lack of demand on the Peninsula, but rather a shortage of quality available space.
Read entire report here: industrial-market-research-peninsula-2014-1q