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Hines, Pearlmark make progress on San Mateo, Calif., office complex

 

Hines and Pearlmark, a private equity real estate firm, have completed construction on one of the buildings at 400|450 Concar, a new Class A office complex totaling 305,000 square feet on 3.3 acres in San Mateo, California.

 

The 96,000-square-foot, four-story 400 Concar is now complete and available for lease. 450 Concar is also scheduled to be complete later this month and is fully leased to Medallia, the global SaaS Customer Experience Management (CEM) leader.

 

Designed by Form4, Inc., 400|450 Concar is LEED pre-certified Platinum and delivers superior design and efficiency for the market.

 

“400 Concar sets a new standard for San Mateo’s Class A space by offering the ideal combination of location, distinctive architecture, state-of-the-art office space and amenities that high-performance companies are looking for,” said Hines Director Sam Cheikh.

 

Centrally located near the intersection of U.S. Hwy. 101 and Interstate 92, 400|450 Concar is uniquely positioned between San Francisco and Silicon Valley.

 

The highly visible property is directly adjacent to the Hayward Park Caltrain station as well as the future retail and housing amenities at Station Park Green, which will bring 35,000 square feet of new retail and 599 rental housing units to the corner of Concar & Delaware, further solidifying 400|450 Concar as an ideal office location.

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