San Francisco Peninsula R&D MarketView Snapshot Q3 2020
Sizable deals signal confidence despite new vacancy highs
Fueled by the largest lease transaction of the year, the San Francisco Peninsula R&D market recorded 199,912 sq. ft. of net absorption in Q3 2020. Guardant Health, an oncology company with advanced blood testing technology, signed a new 244,885 sq. ft. at 3000 Hanover Street in Palo Alto.