Downtown San Mateo Retail

Downtown San Mateo

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
1,350
As of: March 12, 2017

Downtown San Mateo Rates

Compared to the rest of the Silicon Valley market, the Downtown San Mateo region has higher rates, and you'll need to make a great offer to be in this hot region.

Downtown San Mateo Listing Supply

In the last 90 days, 35 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Downtown San Mateo are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 properties in this area are around 3 floors. Most buildings in this region were built in 1968 and are Class B.

Downtown San Mateo Community

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 market. 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.

Market Report

Trends and status of the commercial real estate market in Downtown San Mateo.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown San Mateo.
Research