Downtown San Mateo Sublease

Downtown San Mateo

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Downtown San Mateo Rates

Most listings are in the $60's per square foot per year. The Downtown San Mateo region is experiencing a a rise in rates. In the last 3 months, the median rate increased $12 per sqft per year. That's a 21% rise in rent.

Compared to the rest of the Silicon Valley market, the Downtown San Mateo region has greater rates, and you'll need to pay a premium to be in this hot region.

Downtown San Mateo Listing Supply

In the last 90 days, 17 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 12% of the listings in the Downtown San Mateo are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,780 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1974 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 area. 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.