Family Office Briefing on research byKidder Matthews·Jul 16, 2025
PENINSULA/SAN MATEO OFFICE MARKET REPORT - 2nd Quarter 2025
This report analyzes the current state of the Peninsula/San Mateo office market as of the second quarter of 2025.
2025
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 20.0% |
| Availability Rate | 26.8% |
| Asking Lease Rate | $5.77$/SF |
| Under Construction | 1,528,679SF |
| Leasing Activity | 828KSF |
| Net Absorption | 563KSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Kidder Matthews
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