2021 Q1 San Francisco Peninsula Market Research Report

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. 

AREA OF EXPERTISE
Widely recognized as one of the most experienced and successful owner representatives practicing in Silicon Valley, Susan has worked on behalf of many of the most important landlords in the region. She is proud of the long-term success of these client relationships, which over the last 25 years have yielded over 100 successful transactions per year. Deal by deal, she brings the highest standards of skill, experience and creativity to her clients.  She is an expert in maximizing return via sophisticated marketing, lease negotiations  and financial analysis.

The breadth of Susan’s experience in new office development, is extensive—encompassing all phases from pre-ground-breaking planning to 100% lease up. Her professionalism and meticulous follow-through are evident in every aspect of her work and reflect the genuine passion and enthusiasm she has for the business. 

BUSINESS AND EDUCATIONAL BACKGROUND
Prior to joining Colliers in 1996, Susan worked in leasing and asset management as Vice President for PS Business Parks, Inc. In that role, she managed 3.8 million square feet of office and R&D properties in the western United States.

COMMUNITY INVOLVEMENT
In her free time, Susan enjoys tennis, travel and the extensive arts scene in the area.  She supports a number of philanthropic organizations that focus on the visually impaired and promoting the arts in the Bay Area.

Rick has been in the commercial real estate industry for 39 years and has a diverse background including 31 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.