San Mateo, California Commercial Real Estate 0 Listings

San Mateo, California: A Premier Destination for Commercial Real Estate

Introduction

San Mateo, California, located in the heart of the San Francisco Peninsula, stands as a prime location for commercial real estate (CRE) investment and development. With a population of approximately 105,000, San Mateo offers a robust economy driven by technology, healthcare, and finance sectors. Its strategic positioning between San Francisco and Silicon Valley makes it an attractive hub for businesses seeking proximity to major industry clusters and a competitive edge in the CRE market.

Economic and Industry Overview

San Mateo's economy is bolstered by major industries such as technology, biotechnology, and finance, which significantly drive demand for diverse commercial properties including office spaces, industrial zones, and retail locations. The city's proximity to Silicon Valley enhances its appeal as a location for tech companies and startups. The San Mateo County Economic Development Association (SAMCEDA) actively promotes economic growth, supporting initiatives that enhance the city's commercial landscape.

Strategic Location and Transportation Infrastructure

San Mateo benefits from excellent transportation infrastructure, including access to major highways such as US-101 and I-280, which facilitate efficient travel to San Francisco and Silicon Valley. The city is in close proximity to San Francisco International Airport (SFO), providing vital links for business travel and logistics. Public transportation is robust with Caltrain services connecting San Mateo to the broader Bay Area. For more information, visit the California Department of Transportation and San Francisco International Airport.

Commercial Real Estate Inventory & Zoning

San Mateo's commercial real estate market includes various submarkets such as the Central Business District (CBD) and industrial corridors like the Bay Meadows development. The city offers a mix of asset classes, including industrial, office, retail, and commercial-grade multifamily properties. Recent zoning changes and incentives, such as Transit-Oriented Development overlays, encourage growth and development. For details on zoning maps and parcel viewers, explore the City of San Mateo Planning Division.

Major Employers and Institutions

The city hosts several major employers, including tech giants and financial institutions, which contribute to the demand for commercial real estate. Notable employers include Franklin Templeton Investments and San Mateo Medical Center. Educational institutions like the College of San Mateo also serve as key drivers of the local economy. For a comprehensive list of top employers, visit the San Mateo Economic Development website.

Notable Commercial Developments & Projects

San Mateo is home to significant commercial developments, such as the Bay Meadows mixed-use project, which features office spaces, retail, and residential units. The city also benefits from designated Opportunity Zones that incentivize investment in underdeveloped areas. Public-private partnerships play a crucial role in facilitating these developments. For more information, refer to the San Mateo Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, San Mateo provides a range of planning and development resources, including:

Market Data & Economic Reports

Investors can access a wealth of market data and economic reports through public sources such as census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Explore Brevitas-powered dashboards for San Mateo here.

Why Use Brevitas for San Mateo, California CRE?

Brevitas offers a sophisticated platform for CRE discovery in San Mateo, equipped with AI-driven tools for real-time market alerts, smart property pages, and collaborative dealrooms. Key features include: