Wednesday, June 10, 2026
Family Office Briefing on research byKidder Matthews·Jan 8, 2025

PENINSULA/SAN MATEO INDUSTRIAL MARKET REPORT - 4th Quarter 2024

Peninsula industrial market shows a direct vacancy rate of 7.5% in 4Q24 — family offices should consider co-GP opportunities with disciplined operators.

2024

Key Metrics

MetricValue
Direct Vacancy Rate7.5%
Total Availability Rate9.1%
Direct Asking Lease Rate1.98$/SF
Leasing Activity136,426SF
Sales Volume167,066SF
Net Absorption97,804SF

Metrics extracted from the source report and independently fact-checked. Method →

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