2021 Q2 San Francisco Peninsula Market Research Report

Nicole began her real estate journey with Colliers where she has been a key member of the Silicon Valley Research Team for six years, working her way to Research Manager for the San Francisco Peninsula and Silicon Valley offices. Along with her team, she is committed to data excellence to uphold Colliers' standing as a leader in market trends and statistics. In addition to upkeeping Colliers' proprietary database, she produces the quarterly market reports, client thought pieces, and leads life science research for the Bay Area.

Nicole lives in Santa Clara and enjoys being outdoors, eating new foods, and building life-long connections through fun experiences. 

Mike specializes in the sale and leasing of office, industrial and R&D properties on the San Francisco Peninsula. Mike possesses a depth of market knowledge and experience, and his expertise has proven a great benefit to his clients.

A skilled market analyst and forecaster, Mike has been the lead author of Colliers’ San Francisco Peninsula quarterly market report since 2002. He is the owner of Opinion of Value, a leading commercial real estate blog covering the San Francisco Peninsula and Silicon Valley. In addition to successful assignments with institutional and local property owners, Mikes’ clients have included prominent local technology firms, start-ups, and national manufacturing concerns. He has also successfully represented various non-profit organizations on highly challenging facility acquisition and disposition assignments. Mike joined Colliers International in December, 2001 as a veteran of the brokerage industry and with a strong focus on the Peninsula market.  Mike is active in his local community. He has served as a Director on the boards of a number of non profit groups involved in education and the arts, and been appointed to several financial oversight commissions within his local school district. He has also coached youth sports.

Mike joined Colliers International to lead the company’s Industrial and R&D Division in the San Francisco Peninsula office. Since joining Colliers he is consistently recognized as a top 10% producer nationwide (Everest Club) and a top producing broker in the area. Prior to joining Colliers, he was Grubb & Ellis’ Top 3 producer in 2011 and in 2008, 2007, 2004, 2003 and 2002, he was the #1 producer for CB Commercial in the region. Mike has trained several commercial real estate advisors and has been an active principal in his own real estate investments. Mike counts among his clients: Avis/Budget, Balco Properties, Black Creek Group, BYD, California Teachers Association, DHL, Fortress Investment Group, GLP, iStar Financial, Link Industrial Properties (Blackstone), LSG Sky Chefs, Oracle, Prologis, ReadySpaces, The San Francisco Examiner, Union Pacific, UPS, and Windy Hill Property Ventures to name a few. 

Rick has been in the commercial real estate industry for 42 years and has a diverse background including 34 years in commercial brokerage and 8 years in residential development.  He specializes in land sales with a diverse background and real estate experience including sales, leasing, land acquisition & securing entitlements for in-fill developments.  While in the development business, Rick was instrumental in fueling the growth of two prominent development companies and acquired sites valued in excess of $95 million.  

Combining his extensive brokerage and development experience allows Rick to work closely with his clients to identify opportunities while achieving the best price and terms for their real estate.  His understanding of the market, development process and land pro-forma analysis places Rick in the unique position to provide his clients the best alternatives to maximize the value of their real estate.  

He has consistently been a top producer and has received numerous production awards from Colliers International as well as Broker of the Year from the Association of Silicon Valley Brokers.