Your Commercial Real Estate Source in the San Francisco Bay Area
Things continue to look good from a landlord/seller perspective as inventory reaches new lows and demand continues to drive prices and lease rates upwards. SBA and conventional interest rates are certainly helping on the buy side of things. Here’s an excerpt from the report:
The San Francisco Peninsula saw 606,574 square feet of positive net absorption this quarter, and 1,159,864 square feet of positive gross absorption. The industrial market continues to stay productive with deals of all sizes completed throughout the San Francisco Peninsula in the second 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 KM report here: industrial-market-research-peninsula-2014-2q