The Baywood — Lease in San Mateo, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: San Mateo, CA 94402
  • Submarket: San Mateo

Market Context

This office in San Mateo, CA is listed for lease. 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

By our match to nearby addresses in brokers' reports, this property is in the San Mateo submarket, where average asking rent was $63.84/SF/yr in Kidder Mathews's Q2 2026 report.

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