Essex Property Trust Purchases Downtown San Mateo Land for Development
Essex Property Trust (NYSE:ESS) purchased 1.2 acres of land on 5th Street in downtown San Mateo from the Sand Hill Property Co. in a step to develop the property. The … Continue reading
Kidder Mathews Q2 2014 Peninsula Industrial Report
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 … Continue reading
Kidder Mathews Q1 2014 Peninsula Industrial Report
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, … Continue reading
Kidder Mathews Q1 Silicon Valley Industrial Report
Here’s the excerpt: 2013 ended strong for the industrial and warehouse markets in Silicon Valley and the momentum carried over into the first quarter of 2014. Speculative development projects broke … Continue reading
Kidder Mathews Assists Printing Company in Purchasing Burlingame Building
Address: 858 Hinckley Road, Burlingame Seller: Sheet Metal Workers Local #104 Buyer: Essence Printing RBA SF: 13,572 total Lot size: 0.99 AC (43,124 SF) Selling price: $3,121,560 ($230.00/SF) Type: Industrial – Manufacturing This was expansion … Continue reading
Kidder Mathews Q1 Silicon Valley Office Report
Summary: Slow office leasing activity in the first quarter of 2014 led to negative net absorption across Silicon Valley. This negative net absorption of -177,990 square feet caused vacancy to … Continue reading
Kidder Mathews Assists Exchange Buyer in Burlingame Land Purchase
Address: 40 Edwards Court, Burlingame, CA Seller: RILCO-Edwards, LLC Buyer: North First Street Properties Management LLC RBA SF: 11,000 SF building Lot size: 3.53 AC (153,766 SF) Selling price: $6,800,000 ($44.22/SF on land) … Continue reading
Kidder Mathews Q4 2013 Industrial Report
We’ve finally compiled the most recent numbers to end the year. Here’s an excerpt from the report: The San Francisco Peninsula industrial market continues to tighten as deals of all … Continue reading
Kidder Mathews Q3 Peninsula Industrial Report
Here’s an excerpt: The San Francisco Peninsula industrial market in the third quarter of 2013 showed no significant changes from the previous quarter, with the notable exception of a huge decrease in net absorption. … Continue reading
The Peninsula Industrial Pros 