San Mateo
Bohannon & Northwood Propose 1,392-Unit Mixed-Use Redevelopment of Hillsdale Mall in San Mateo
A major transformation is underway in San Mateo. Bohannon and Northwood Investors have submitted a preliminary application for the redevelopment of Hillsdale Mall...
Prometheus Proposes 125-Unit Residential Project in San Mateo’s Gateway District
In the evolving landscape of San Mateo’s urban core, a new residential development is projected to reshape the Gateway neighborhood. Prometheus Real Estate...
Bay Area Retail Center Occupancy Stabilizes as East Bay Struggles with Vacancies
The Bay Area’s regional shopping center market is showing signs of stabilization, with occupancy rates improving across most submarkets. According to the latest...
Essex Sells Majority Stake in 697-Unit San Mateo Community in $252MM Deal; Asset to Be Converted to Affordable Housing
In a Securities and Trade Commission filing this week, Essex Property Trust confirmed an apartment sale that promises to transform affordable housing in...
San Francisco Peninsula Office Market Sees Stabilization Amid Tech-Driven Leasing Surge
The San Francisco Peninsula commercial real estate market exhibited mixed performance in the final quarter of 2024, with office leasing activity showing resilience...
71,000 SQFT Parallel on Fourth in San Mateo Awarded to Buyer at ~$86MM
In a significant transaction in the Bay Area commercial real estate market, the Parallel on Fourth property, a Class A trophy asset located...
Apple, Snowflake, and TikTok Drive Silicon Valley Leasing Activity Amid Market Shifts
The Silicon Valley commercial real estate market saw a series of high-profile office and R&D lease renewals and new signings in the fourth...
San Mateo Office Property at 2121 S El Camino Hits the Market in Lender-Facilitated Sale for ~$16MM
An office property at 2121 S El Camino Real in San Mateo, California, is now on the market for sale in a lender-facilitated...
San Francisco Peninsula Industrial and R&D Markets Show Stability and Recovery Trends
San Francisco Peninsula’s industrial and R&D markets demonstrated signs of stabilization and recovery in Q4 2024, according to CBRE’s latest reports. The industrial...
San Francisco Peninsula Office Market Faces Continued Headwinds, but Class A Properties Remain Resilient
The San Francisco Peninsula office market closed the fourth quarter of 2024 with mounting challenges, reflecting adjustments to evolving workplace trends and broader...
Terreno Realty Sells South San Francisco Industrial Property for $8MM
In a move reflecting the state of the industrial real estate market across the greater Bay Area, Terreno Realty Corporation announced the sale...
End of an Era: Draeger’s Market Shutters After Nearly 30 Years in San Mateo to Make Way for Lane Partners’ Development
For nearly 30 years, Draeger’s Market has been a cherished presence in downtown San Mateo, offering upscale grocery options and a unique shopping...
