Sunday, September 13, 2026
Family Office Briefing on research byKidder Matthews·Apr 17, 2024

Peninsula/San Mateo Office Market Report - 1st Quarter 2024

Peninsula office market faces high vacancy at 22% in 1Q24 — family offices should consider co-GP strategies with adaptive operators.

Office2024

Key Metrics

MetricValue
Direct Vacancy Rate16.0%
Total Vacancy Rate22.0%
Asking Lease Rate5.91$/sf

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

Building a thesis around Office? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.