Bay Area CREIntelligenceDiscuss a Property

San Mateo County · Bay Area

Redwood City Commercial Real Estate

A Peninsula anchor market with a dense downtown, active development pipeline along El Camino Real, and strong retail and office fundamentals driven by nearby tech employment.

Market Snapshot

VacancyData unavailable
Retail Asking RentData unavailable
Office Asking RentData unavailable
Observed Cap RatesData unavailable
Development PipelineActive

Market Commentary

Redwood City has established itself as one of the Peninsula's most dynamic commercial markets over the past decade. The downtown core—anchored by the historic Courthouse Square and Broadway corridor—has attracted significant mixed-use development, with multiple projects advancing through the planning pipeline along El Camino Real.

Retail along Broadway and Middlefield Road continues to see demand from food and beverage tenants, while Class B office inventory near downtown attracts smaller tech and professional services firms priced out of San Francisco and Palo Alto.

The market's relative affordability compared to Palo Alto and Menlo Park to the south makes it an attractive destination for value-add investors and long-term holders watching the development cycle.

Latest Redwood City Intelligence

Recent Transactions

Sample data — real transaction records will populate this table.

PropertyTypePrice$/SFCap RateDate
2450 Broadway Streetretail$4.8M$7825.1%Jul 14, 2026
333 Main Streetoffice$12.4M$6705.8%Jun 9, 2026

Development Pipeline

PLANNINGSample

El Camino Mixed-Use

2900–2960 El Camino Real

Developer: Pending Disclosure

Proposed mixed-use development along El Camino Real featuring ground-floor retail and 94 residential units above. The project is subject to Redwood City design review and environmental analysis.

Last updated: Jul 31, 2026

ENTITLEDSample

Broadway Corridor Office Renovation

303 Broadway Street

Developer: Pending Disclosure

Adaptive reuse of a 1960s commercial building into modern Class B+ office space near Redwood City Caltrain station. Entitlements approved; construction timeline pending financing.

Last updated: Jul 14, 2026

Property Types

retailofficemultifamilymixed-use

Own commercial property in Redwood City?

Understanding current market conditions, comparable transactions, and development activity is the first step toward a well-informed property decision.

Discuss My Redwood City Property →