Figures

San Francisco Peninsula R&D Figures Q1 2026

One significant project leads to large occupancy losses

April 9, 2026 5 Minute Read

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The San Francisco Peninsula R&D market closed Q1 2026 with an overall vacancy rate of 26.4%, net absorption of negative 1,319,419 sq. ft., and an overall average asking rate of $5.68 per sq. ft. on a monthly, direct, NNN basis.