The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

Kidder Mathews Q3 Peninsula Industrial Report

We’ve seen a dramatic increase in the past quarter for owner/user purchases while leasing has been steady, but not crazy.  This mostly due to the fact that there is very little product on the market for lease.  Here’s the summary for the quarter:

The San Francisco Peninsula saw 124,038 square feet of negative net absorption this quarter, and 257,299 square feet of gross absorption. The market continues to stay productive with deals of all sizes completed throughout the Peninsula industrial market in the third 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-2014-3q

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Information

This entry was posted on November 4, 2014 by in Industrial, Market Updates, San Mateo County and tagged , , .
%d bloggers like this: