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The Registry

Skydio Hunts for Up to 400,000 SQFT Drone Factory as San Mateo Sublease Nears End

Via The Registry · September 30, 2026
Compiled by Real Estate Trail Editorial · September 30, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

Excerpt from The Registry:
Skydio is scouting 300,000 to 400,000 square feet of manufacturing space and weighing out-of-state incentives, even as it pushes its Hayward plant toward 150,000 square feet and its San Mateo headquarters sublease run…
Read the full article at The Registry →

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