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500 E 3rd Ave
San Mateo, CA 94401 North Central

Rate Upon Request

Unknown For Lease  •  7,211+ SF

Property Details

  • Property Type Unknown
  • Year Built 2026
50 Transit Score
99 Walk Score

9 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Office 48,682 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
  • In Contiguous block: 196,212 SF
1st Floor Ste Office 7,853 SF Rate Upon Request
  • Date available: Jun 2025
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
  • In Contiguous block: 38,812 SF
2nd Floor Ste Office 10,416 SF Rate Upon Request
  • Date available: Jun 2025
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
  • In Contiguous block: 38,812 SF
2nd Floor Ste Office 63,616 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
  • In Contiguous block: 196,212 SF
3rd Floor Ste Office 62,622 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
  • In Contiguous block: 196,212 SF
3rd Floor Ste Office 10,457 SF Rate Upon Request
  • Date available: Jun 2025
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
  • In Contiguous block: 38,812 SF
4th Floor Ste Office 10,086 SF Rate Upon Request
  • Date available: Jun 2025
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
  • In Contiguous block: 38,812 SF
4th Floor Ste Office 14,081 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: Relet
  • In Contiguous block: 196,212 SF
5th Floor Ste Office 7,211 SF Rate Upon Request
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Negotiable
  • Space Type: New
  • In Contiguous block: 196,212 SF

Description

Embark on the ultimate live-work experience at The Parallels in the heart of San Mateo, California. Encompassing an entire city block, The Parallels offers one of the Bay Area’s premier opportunities to instantly accumulate ultimate scale and landmark a new business in a thriving downtown core. Be surrounded by five newly completed and planned office developments that are home to world-renowned tech, financial services, and biotech tenants.
    
Block 20 at 500 E 4th Street is a proposed mixed-use development comprising Class A+ office space, purpose-built for lifestyle. The property has over 165,000 rentable square feet of office space and 86 residential units. Tenants and residents can enjoy a secure underground garage with over 269 on-site parking spaces. 
    
Block 21 at 500 E 3rd Avenue offers 198,572 square feet of state-of-the-art office space thoughtfully accompanied by retail amenities and 111 luxury apartment suites. This LEED Silver Equivalent building features concrete construction, up to 12-foot ceilings, two levels of underground parking, sizeable exterior roof decks, a 4th- through 5th-floor office amenity area, and separate lobby entrances and elevators for the office and residential users. 
     
Parallel on Claremont at 435 E 3rd Avenue is a rare headquarters opportunity within a premier standalone office building. At 39,000 square feet, this approved development is an excellent opportunity for a company to have the HQ identity of a full-building user without overcommitting to the large footprint typically associated with it.
    
Parallel on Third at 406 E 3rd Avenue, spanning 116,132 square feet, and Parallel on Fourth at 405 E 4th Avenue, encompassing 71,416 square feet, are fully leased but included in the 600,000-square-foot office campus.  
     
The Parallels are strategically located in a vibrant Downtown San Mateo location, with immediate access to dining and retail amenities. This campus is two blocks from the San Mateo Caltrain Station, which travels to San Francisco in less than 30 minutes and San Jose in 45 minutes. With over 1,000 city parking stalls within a short walk, tenants won’t waste time searching for parking after exiting the nearby Highway 101 and El Camino Real Freeways. For those traveling to the office from out of town, the San Francisco International Airport is reached within 7 miles. At The Parallels, businesses will find ultra-modern, purpose-built office space surrounded by walkable amenities and luxury apartments, cultivating the live, work, and play destination many office users desire.

Highlights

Achieve a prominent identity at The Parallels, a 600,000-SF five-building mixed-use campus creating the ultimate live, work, and play experience.
Parallel on Claremont is the ideal opportunity for a single-office user to attain a full-building identity, 2.5 blocks from the Caltrain station..
Block 20 features one of the Bay Area’s premier opportunities to scale through a mixed-use development with a secure underground garage.
Centrally located in Downtown San Mateo, businesses at The Parallels have convenient access to Highway 101 and El Camino Real.
Block 21 showcases large, efficient floor plates, exterior rooftop decks, dedicated office and apartment entrances, and secure parking.
With a Walk Score of 99 (Walkers Paradise), many amenities surround the campus, like Philz Coffee, Pacific Catch, Draeger's Market, and Sweetgreen.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
San Mateo (Caltrain - Caltrain (Caltrain)) 1 min 5 min 0.3 mi
Hayward Park (Caltrain - Caltrain (Caltrain)) 3 min - 1.4 mi
AirportDriveWalkDistance
San Francisco International 11 min - 7.0 mi
Metro Oakland International 33 min - 25.6 mi
Norman Y Mineta San Jose International 34 min - 27.2 mi
Patrick Reilly 650-844-2704 CBRE
Patrick Reilly 650-844-2704 CBRE