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Office Space for Rent in Redwood City, CA - 106 Listings

Redwood City, CA - Office Market Overview

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Redwood City includes the Ampex, Fair Oaks, and Harbor commercial real estate submarkets. While Redwood City has a population of about 85,000, it is also part of the San Francisco South Bay area, which is home to over 7 million residents, creating consistent demand for Class A office space in Redwood City.

As of mid-2017, the Redwood City office market encompasses nearly 10 million square feet of existing office space in properties larger than 50,000 square feet. Located almost equidistant between the cities of San Francisco and San Jose, the commercial real estate market in Redwood City, CA, is largely driven by the numerous high-technology companies within the city.

Redwood City, CA - Office Inventory Description

In addition to the abundance of high-tech businesses, the Port of Redwood City is the only deep-water port on the San Francisco Bay that is south of San Francisco. Because of this deep mix of industries, there is predictable, robust demand for Class A office space in Redwood City. Class A or A+ office space accounts for about 70% of the total office inventory in Redwood City, California, with Class B space bringing another 29% of product to the market.

One of the many parts of Redwood City that see strong demand for Class A office space is the Downtown Redwood City commercial real estate area. Located between the Bayshore Freeway and Route 82 just north of Jefferson Avenue, this neighborhood is home to prime office buildings such as 702 Marshall Street, the Brugger Building on Main Street, and the RWC Technology Station.

Redwood City, CA Commercial Inventory Breakdown

Office Spaces

Total: 13,022,064 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 3,553,932 SF / 27.29% of total office
  • 100k to 500k SF: 8,580,946 SF / 65.9% of total office
  • 500k to 1M SF: 887,186 SF / 6.81% of total office

By class:

  • Class A: 8,011,832 SF / 61.53% of total office
  • Class B: 3,218,426 SF / 24.72% of total office
  • Class C: 85,000 SF / 0.65% of total office

Top 10 Largest Office Buildings

in Redwood City

Office building Address Sqft Year built
Bayshore Technology Park 800 Bridge Pkwy, 94065 887,186 1999
Electronic Arts Campus 207 Redwood Shores Pkwy, 94065 369,204 1998
300 Oracle 300 Oracle Pkwy, 94065 338,883 1991
600 Oracle 600 Oracle Pkwy, 94065 294,549 1998
Harbor View Place - Building 3 340 Blomquist Street, 94063 286,187 n/a
Harbor View Place - Building 1 320 Blomquist Avenue, 94063 286,187 n/a
Harbor View Place - Building 4 340 Blomquist Street, 94063 286,187 n/a
Harbor View Place - Building 2 340 Blomquist Street, 94063 286,187 n/a
Pacific Shores Center - 1600 Seaport Blvd 1600 Seaport Blvd, 94063 283,015 2001
Pacific Shores Center - 1400 Seaport Blvd 1400 Seaport Blvd, 94063 283,015 2001

Most Recently-Built Office Buildings

in Redwood City

Office building Address Sqft Year built
601 Marshall 601 Marshall Street, 94063 142,300 2018
550 Allerton 550 Allerton Street, 94063 78,765 2018
889 Winslow Street 889 Winslow Street, 94063 67,417 2018
Crossing 900 - 900 Jefferson 900 Jefferson Avenue, 94063 226,197 2015
Crossing 900 - 900 Middlefield 900 Middlefield Road, 94063 119,505 2015
Fair Oaks Health Center 2710 Middlefield Road, 94063 36,000 2013
250 Shoreline Drive 250 Shoreline Drive, 94065 155,000 2003
RWC Technology Station 500 Arguello Street, 94063 102,000 2002
Pacific Shores Center - 1600 Seaport Blvd 1600 Seaport Blvd, 94063 283,015 2001
Pacific Shores Center - 1400 Seaport Blvd 1400 Seaport Blvd, 94063 283,015 2001

Redwood City, CA - Green Office Space

Employment

While nearby San Francisco ranks #2 and San Jose ranks #18 for large, energy efficient office buildings, the amount of green office space in Redwood City also continues to grow. The city has nearly 500,000 square feet of Energy Star-rated, LEED-certified office space in buildings larger than 50,000 square feet. One such example in Redwood City is the Shorebreeze I. This Class A property is located in the Dolphin commercial real estate submarket of Redwood City and contriburtes over 112,000 square feet of LEED Gold certified green office space to the market.

Due to the number of cutting-edge, high technology companies in Redwood City and the surrounding region, the importance of green office space to both tenants and real estate investors cannot be overstated. The most recent National Green Building Adoption Index report was completed in 2017 and surveyed the top 30 office markets in the U.S. and discovered that the percentage of LEED-certified and EPA Energy Star-rated office buildings has grown to an average of 38% across these top markets, up from less than 5% back in 2005.

Redwood City, CA's Top Office-Using Sectors

The Redwood City office space market sees consistently robust demand from the top office-using sectors in Redwood City of the high technology, government, health, and large corporate headquarters users.

  • High Technology – Silver Spring Networks, Equinix, Pacific Data Images, and Starvista all create white-collar office employment in Redwood City.
  • Government – The County of San Mateo and the Redwood City School District are among the top employers and users of office space in the Redwood City metro area.
  • Healthcare – Sequoia Hospital, Stanford Hospital & Clinics, and the Kaiser Foundation Hospitals are part of this top office-using sector.
  • Corporate Headquarters – Box, Oracle, Evernote, Wealthfront, and Electronic Arts all create significant demand for white-collar office space in Redwood City, Calif.

Redwood City Demographics

Population

  • Total Population84,368
  • Male Population(50.1 %) 42,302
  • Female Population(49.9 %) 42,066
  • Median Age37.00

Income/Financial

  • Average Household Income$135,253
  • Median Household Income$99,026
  • Median Income Under 25$95,156
  • Median Income 25-44$112,465
  • Median Income 45-64$104,917
  • Median Income Over 65$63,488

News

TMG Partners announced it has signed a six-year lease with Oracle for 16,000 square feet at 1330 Broadway. The 18-story, 328,427-square-foot Downtown Oakland office building will accommodate the Redwood City-based tech corporation on the 17th floor. The Class A office building was originally con...