2024 Office Space Rent & Sales
- $56.76 2024 Avg. Asking Rent
- 31.98% 2024 Office Vacancy Rate
Burlingame office price per square foot in 2024 was $56.76 on average. The local office market recorded an average vacancy rate of 31.98% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- California Class A & A+ Office Space$60.31
- California Class B Office Space$38.42
- California Class C Office Space$26.20
Burlingame, CA Office Asking Rents by Class
Office Spaces for Rent in California
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2024 Office Construction in Burlingame, CA
- Burlingame, CA Total SF completed in 2024 705,979
- Burlingame, CA Total SF under construction in 2025 203,500
During 2024, 705,979 square feet of new office space were delivered across the market. At the close of 2024, the Burlingame office inventory included 3 buildings equal to or larger than 25,000 square feet, which comprised 705,979 square feet of office space. Looking forward, development activity throughout 2025 is estimated to add 203,500 square feet of office space to the market, before year-end.
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Landing - 1701 Bayshore | 1701 Old Bayshore Hwy, 94010 | 203,500 | 2025 |
| The Landing - 1699 Bayshore | 1699 Old Bayshore Hwy, 94010 | 300,712 | 2024 |
| TwotwentyPark | 220 Park Rd, 94010 | 185,000 | 2024 |
| One Adrian Court | 1 Adrian Court, 94010 | 3,701 | 2024 |
| 250 California At Burlingame Station | 250 California Dr, 94010 | 44,605 | 2022 |
| One Bay | 1350 Bayshore Hwy, 94010 | 196,077 | 1983 |
| 345 Lorton Ave | 345 Lorton Ave, 94010 | 21,300 | 1983 |
| Sea Breeze | 111 Anza Blvd, 94010 | 103,000 | 1980 |
| 20 Park Road | 20 Park Road, 94010 | 9,000 | 1980 |
| Bayshore Office Center | 1633 Bayshore Hwy, 94010 | 104,610 | 1974 |
Worth noting among recent office completions on the Burlingame market is The Landing - 1701 Bayshore, which is currently the largest new office development in the city, at 203,500 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Burlingame commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.