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San Francisco Peninsula MarketBeat Reports

Robert Sammons • 10/19/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent San Mateo MarketBeat reports below.


Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 San Mateo Office Report

Though rising over the past two quarters, the San Mateo County combined office and R&D vacancy rate remains well below that of the surrounding markets. In the third quarter of 2020, the combined rate increased 160 basis points to 10.3% up from 8.7% in the second quarter and 7.5% one year ago.

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Industrial MarketBeat Report
Q3 2020 San Mateo Industrial Report

The average asking rate in San Mateo County hit its recent historical high of $1.61 per square foot (psf), on a monthly basis, triple net, during the second quarter, but took a step back to $1.53 psf during the third quarter.

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Featured Insights: Current U.S. MarketBeats

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Escritório

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 10/14/2020

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