San Mateo
Workday Sells 60,000 SQFT Pleasanton Office Building for $5.5MM, 73% Below Assessed Value
The human resources software giant unloaded a second campus building in four months at steep discounts as it consolidates operations around the West...
San Francisco Peninsula Office Market Hits 60,000 SQFT Positive Absorption as Leasing Activity Rebounds in Q1 2026
Rising rents and renewed tenant demand signal early stabilization, even as vacancy climbs to 24.9 percent across the region A year of uneven...
Replit Renews and Expands 147,000 SQFT Foster City HQ Amid $9 Billion Valuation Surge
The AI-powered coding platform doubles down on its San Francisco Peninsula office footprint as demand for vibe coding tools and agentic software creation...
Solace Health Leases Entire 71,330 SQFT Office Building at 610 Walnut Street in Downtown Redwood City
The digital health platform’s full-building commitment fills a Class A office that had sat empty since its 2021 completion, a milestone for the...
San Mateo County Weighs $13MM Alternate Site for 69-Bed Drug Treatment Facility in Burlingame
A two-acre, 34,000-square-foot property in a more industrial area could accelerate the timeline by up to two years, but the purchase would add...
Silicon Valley Office Leasing Reaches Post-Pandemic High of 3.2MM SQFT as AI and Tech Firms Drive Recovery
Subheading: Technology companies accounted for all 10 of Silicon Valley’s largest Q1 2026 office transactions, led by OpenAI’s 447,000-square-foot lease in Mountain View,...
Essex Property Trust Doubles Down on Northern California With $830MM Acquisition Spree as AI-Fueled Demand Drives Rent Growth
The apartment REIT deployed more capital into the Bay Area than any other region in 2025, acquiring seven communities as Northern California posted...
Planning Commission Unanimously Approves Prometheus’ 181-Unit Housing Development in San Mateo
Commissioners vote 4-0 to grant entitlements for the six-story project, citing alignment with the city’s general plan and housing goals despite neighborhood concerns...
Tourbineau Real Estate Partners Files Formal Plans to Convert 109,000 SQFT San Mateo Office Tower Into 144-Unit Residential Community
Developer revises earlier proposal, shifting from a mixed unit program to an all one-bedroom layout as it advances adaptive reuse of the 12-story...
Align Real Estate Proposes 396-Unit, 60,600 SQFT Mixed-Use Project in San Mateo
A seven-story development would replace an existing Safeway store with new housing and retail along El Camino Real Redevelopment activity along the El...
San Mateo Planning Commission Recommends Approval of Prometheus Real Estate’s 128-Unit Gateway Project
The eight-story development at 668 E. 3rd Avenue would replace a one-story commercial building and deliver 20 income-restricted units in San Mateo’s Gateway...
Peninsula CRE Panelists Declare Market Turning Point as Leasing Activity Doubles and Life Science Sector Stabilizes
At the ACREM “State of the Peninsula” breakfast, commercial real estate leaders described surging tenant demand, rising return-to-office momentum, and the first signs...
