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.
Latest Redwood City Briefings
- September 22, 2026San Mateo County Finance Committee (Redwood City) — Sept. 21 meeting cancelled; ARPA/capital decisions deferredSan Mateo County posted a cancellation notice for the Finance Committee meeting scheduled Sept. 21, 2026 (1:00–2:00 PM). Items market participants expected to move — including near-term ARPA allocations and capital recommendations — will not be considered that date and should be tracked to the next formal calendar posting or Board referral.→
- September 21, 2026San Mateo County Finance Committee meeting (Sept. 21, 2026) — potential near-term county capital / ARPA decision windowSan Mateo County's Finance Committee meets Sept. 21, 2026 (1:00–2:00 PM). The session is a near-term decision window for county capital allocations, ARPA spending, and contract authority that can affect Peninsula development and affordable-housing partners.→
- September 17, 2026San Mateo County Zoning Hearing Officer (Redwood City) — Sept. 17, 2026; County Board Chambers public hearing — Sept. 23, 2026Two county-level hearings this week create near-term entitlement risk and decision windows for Peninsula projects: the San Mateo County Zoning Hearing Officer meets on Sept. 17 in Redwood City (in-person and Zoom), and a Board/Planning public hearing is posted for Sept. 23 in the Board Chambers at 500 County Center, Redwood City.→
- September 11, 2026San Mateo County ARPA allocation, Skanska change-order authority — San Mateo County ARPA allocation Skanska Redwood City meetingThe San Mateo County Board of Supervisors agenda for Sept. 15, 2026 includes a proposed allocation of $18,488,820 from the county’s second ARPA tranche to housing-related needs and authorizes the CEO to approve change orders increasing a Skanska USA contract by up to 5% ($6,789,024). This is a near-term funding and contracting decision with potential implications for county housing programs and capital schedules.→
Property Types
retailofficemultifamilymixed-use
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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.