San Mateo Gateway IV — 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: 68,490 SF
  • Year built: 1997

Photos

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Market Context

This office in San Mateo, CA is listed for lease across 68,490 SF. The building dates to 1997. 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

$5.50/SF/mo – $7.44/SF/mo

Mid: $6.47/SF/mo

Estimated total for 68,490 SF: $443,130 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.

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