Compared to the rest of the Silicon Valley market, the Downtown San Mateo region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the listings in the Downtown San Mateo are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1968 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown San Mateo residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.