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A preliminary look at mid-year 2012 market stats

| July 5, 2012 | 0 Comments

Just got a first look at preliminary (and very much subject to change) quarterly stats for the Peninsula at the close of Q2.   We show a slight increase in the vacancy rate for San Mateo County over last quarter, from 12.5% to the current 12.8%.   My sense is that we’ll see a similarly modest boost […]

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TechCrunch: There’s No More Room In Silicon Valley

| June 27, 2012 | 1 Comment

Quite a bit of discussion in the market about the perceived competition between Silicon Valley and San Francisco for the title of Start-up Central.   An article in TechCrunch this week has continued the discussion but I think has created a false impression of where the broader Silicon Valley office leasing market sits at the moment. […]

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Market Update for June

| June 7, 2012 | 0 Comments

We don’t aggregate data for the Peninsula market area on a monthly basis, but our research team does provide great snapshots with some data that I find useful.  A few highlights, and links to our current reports: San Mateo County is essentially the Peninsula minus its strongest submarkets (Palo Alto and Mtn View).   Without […]

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Deadwood City no more

| June 7, 2012 | 1 Comment
Deadwood City no more

The decades-long effort to revitalize downtown Redwood City has been a saga of false starts and lawsuits.   Seems like the corner has finally been turned– while vacant storefronts are still too prevalent, office rents are rising and the vacancy rate is low.  The reopened Fox Theatre has made downtown Redwood City one of the best […]

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Addition to the downtown Palo Alto landscape

| May 24, 2012 | 0 Comments
Addition to the downtown Palo Alto landscape

It’s never a surprise to see a controversy swirling around a development project in Palo Alto, particularly in the downtown core.  The new Gateway building approved on the border of the downtown area was certainly no exception.  The Lytton Gateway project will bring a high-end, modern office building to a site that has long housed […]

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