NorCal Office Ready for Tenants as Construction Ends


The 400 Concar building in San Mateo is the first of a 305,000-square-foot speculative project developed by Hines and Pearlmark Real Estate Partners.

400 Concar in San Mateo, Calif.400 Concar in San Mateo, Calif.

San Mateo, Calif.—Hines and Pearlmark Real Estate Partners have completed construction on 400 Concar, a 96,000-square-foot, Class A office building that is part of the 305,000-square-foot 400|450 Concar complex in San Mateo, Calif.

The developers said the four-story office building is available for leasing. It was built as a speculative project along with 405 Concar, which has over 210,000 split between two towers. Medallia, a software company based in Palo Alto, Calif., agreed in April to lease all of 405 Concar starting in June 2017.

“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,” Hines Director Sam Cheikh said in a prepared statement…

NorCal Office Ready for Tenants as Construction Ends

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