December 1, 2017— CBRE Global Investors introduced today the reenergized 1850 Gateway, a 7-story office tower centrally located in the 92/101 Corridor of San Mateo, the high-tech enclave halfway between Silicon Valley and San Francisco -the geographic center of the San Francisco Bay Area.
After a $4 million capital improvement program, the 142,911-square-foot building now offers two outdoor lounges complete with WiFi, charging docks, an outdoor concrete Ping-Pong table and recreation area, and two new EV charging stations. Inside the building, tenants can enjoy a modernized lobby with digital directory touch-screens, along with upgrades to the common corridors, elevators and restrooms. Turn-key spec suites outfitted with new furniture and equipped with the latest technology range from 10,095 to 31,536 square feet.
“1850 Gateway’s reimagined spaces, dynamic culture and unique destination advantages create a future-ready workplace that appeals to employers across a variety of sectors,” said John Held, First Vice President at CBRE. “The ability for employers to easily ‘plug and play’ within our new, high-tech spec suites creates a convenience factor for firms both small and large who don’t have the luxury of time to wait for space build outs.”
Centrally located between San Francisco and Silicon Valley in the 92/101 Corridor, 1850 Gateway offers superior mobility, expanded client reach and access to premier talent in a prominent tech hub. 1850 Gateway also offers easy access to three Caltrain stations, close proximity to major airports in San Francisco and San Jose, and an immediate connection to Highways 92 and 101, providing a location advantage for millennial talent, tech companies and business leaders. Major retailers within walking distance of the building include Costco, Target and Safeway, along with several other cafes, restaurants and specialty stores. Additionally, more than 30 restaurants are within a 5-minute drive of 1850 Gateway, including Five Guys, Corner Bistro, BJ’s Restaurant & Brewhouse, Starbucks, Panera Bread and Jamba Juice.
A blend of technology and professional service firms call 1850 Gateway home. Tenants in the building include EverString Innovation Technology, a predictive marketing and software development company; Guckenheimer, a corporate food service provider offering professional management and catering services; and Sequoia Consulting Group, an innovate brokerage firm offering strategic benefits, HR and risk management services.
“1850 Gateway has allowed us to grow from just five people to more than 30 employees, and its central location is certainly a competitive advantage,” said Colin Higgins, President of The Golub Group, an independent advisory firm located on the first floor. “The owners are building a sense of community, and have created an environment where people can socially interact with each other and enjoy what they’re doing. We anticipate calling the building home for many years down the road.”
1850 Gateway joins CBRE’s exclusive “5-Star Worldwide” program, a national network of top-tier office buildings that attract and retain top talent through a comprehensive range of professional services, hospitality and events. Through this network, 1850 Gateway tenants have access to amenities offered at all 5-Star Worldwide properties.
CBRE Global Investors acquired the building in 2015.