San Mateo Gateway III — Lease in San Mateo, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: San Mateo, CA 94402
- Submarket: Foster City
- Size: 71,149 SF
- Year built: 1986
Photos
Market Context
This office in San Mateo, CA is listed for lease across 71,149 SF. The building dates to 1986. Compare it against other office listings for lease in San Mateo, CA — view the full market.
As of Q2 2026, the San Francisco Peninsula office market showed a 23.8% vacancy rate, and average asking rents near $66.00/SF/yr. Source: Kidder Mathews Q2 2026 market report.
Above-average vacancy gives tenants leverage and a wide set of comparables.
Office market FAQ
- Is the San Francisco Peninsula office market tightening or softening?
- Vacancy is around 23.8% (Q2 2026).
Estimated Market Rate
$4.68/SF/mo – $6.33/SF/mo
Mid: $5.50/SF/mo
Estimated total for 71,149 SF: $391,320 per month
By our match to nearby addresses in brokers' reports, this property is in the Foster City submarket, where average asking rent was $66.60/SF/yr in Kidder Mathews's Q2 2026 report.
Contact
- Gary Boitano · +1 (650) 401-2122
Explore this market
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