Pearlmark
Fireworks AI to Lease 105,000 SQFT at Former Snowflake HQ in San Mateo, Expanding Nearly Fivefold
The former Medallia and Snowflake headquarters at 400|450 Concar gets a new anchor as AI firms account for roughly 39 percent of active...
Diamond’s Snowflake- and WeWork-Leased 306,000 SQFT Concar Campus Still on the Market in San Mateo, Seven Years After $320MM Buy
The fully leased, 2017-vintage office campus beside San Mateo's Hayward Park Caltrain station has been on offer since early summer, putting a price...
US Public Pension Funds Deploy Over $4.7 Billion in Real Estate and Infrastructure Commitments
CalSTRS leads a wave of capital deployment as major retirement systems target industrial, multifamily, and value-add strategies heading into 2026. A string of...
Snowflake Expands in Dublin with Full-Building Lease in East Bay City
By Vladimir Bosanac The San Mateo-based data platform company that today employs more than 4,500 employees in 20 countries expanded its home base...
Stable on the Peninsula
While demand and leasing requirements on the Peninsula grow, so does its subleasing market By Bekka Wiedenmeyer and Meghan Hall The San Francisco...
Hines Gets Snowflake to Replace Medallia in San Mateo, Is Not Marketing Property at This Time
By Jon Peterson Snowflake Computing Inc. has agreed to take over all of Medallia’s 200,000 square foot office space leased at 450 Concar...
Pearlmark Hires Two New Senior Investment Officers
Chicago, IL (August 16, 2018) – Pearlmark announced today that Christopher Mendez and Keith Page have joined the firm as senior investment officers...
Blox Ventures Spends $78.5MM for 2100 El Camino Property in Palo Alto
(EDITOR'S NOTE: The sales price on the transaction was $78.5 million, according to sources with direct knowledge of the transaction. An earlier report...
Hines Completes Construction at 400|450 Concar in San Mateo
(SAN MATEO, CA) – Hines, the international real estate firm, and Pearlmark, a private equity real estate firm, announced today that construction on...
Medallia Takes 210,000 SQ FT at Hines’ San Mateo Project
Global SaaS Customer Experience Management Leader Outgrowing Current Headquarters SAN MATEO, Calif. — Hines, the international real estate firm, and Pearlmark, a private...
$92MM Mixed-use Project in Palo Alto Gets Preferred Equity Investment from Pearlmark
By Jon Peterson There is a $92 million mixed-use development project in Palo Alto that will be delivered to the market this summer....
