Description:
San Mateo:
Maintaining the quality of life remains a key goal for this community and the City's strategic business plan for economic development is designed to achieve this goal. Commercial businesses find San Mateo an ideal place to call home. With recognized financial strength, there are strong partnerships between their residential and business community. These features attract many businesses to find
commercial real estate and
commercial listings, as well as
commercial office space and industrial properties.
Companies who look for spaces in San Mateo also search in these neighboring cities:
Belmont,
Redwood City, and
Foster City.
Retail space: With new stores at Bridgepointe and Hillsdale, and newly remodeled shopping centers, the downtown commercial district and the many neighborhood shopping centers is the focus of retail business. These shopping centers have significant amounts of small retail spaces that are perfect for small shops and restaurants. Downtown San Mateo is located between Tilton and 9th Avenue and between Delaware Avenue and El Camino Real. This central location has lead to many available
commercial real estate and commercial listings. These centers offer many small retail property and commercial leases. It has over 800 businesses and beautiful historic buildings. The diversity of businesses in this city offer many commercial real estate and commercial listings, as well as
commercial office space and industrial properties. 25th Avenue also offers a variety of retail, culinary, and convenient services that cater to the entire family, even household pets. The attractions that San Mateo offers make it a great place for businesses to find
commercial properties for rent or commercial real estate for lease. Retail space in this city can be found on
Rofo at affordable prices.
Office space: San Mateo is an ideal business location. Situated at the crossroad of three major freeways, San Mateo provides a link with San Francisco to the north, San Jose to the south, and the East Bay to the east. This central location has lead to many available commercial real estate and commercial listings. San Mateo's proximity to San Francisco Airport provides convenient air transportation. This proximity is attractive for businesses to base their
office space in San Mateo through finding
commercial office space listings.
Downtown San Mateo offers plenty of available office listings around 1-4th street. These business parks offer many
office space listings and
commercial office space properties. This makes it an attractive place for companies to base office space in San Mateo. Many small office users find
Rofo to be a great solution to find office space.
Warehouse space: Easy access is offered by: U.P.S.; 76 freight forwarders (foreign); 35 domestic trucking lines, overnight delivery to all of California and parts of Nevada. Because of this easy access to the highway, businesses find it advantageous to locate their
industrial property or
warehouse space in this city. Deep water ports include the one in San Francisco, 20 miles north, and Redwood City’s, 6 miles south. Freeways surrounding San Mateo include: Interstate 280; Highway 92 and U.S. 101; California 82, as well as the San Mateo Bridge. This easy access to the these highways gives another reason to find warehouse space or industrial space listings in San Mateo.
Quick Market Stats:
There's roughly 6,000,000 square feet of
office space with a rough overall vacancy rate of 12%. The average asking rates for Class A office space is $4.50(fs) and Class B office space is $3.50(fs) per square foot per month.
The industrial space market is roughly 900,000 square feet and has an overall vacancy rate of just 3.25%. The average lease rate is $1.00 per square foot per month.
