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Industrious Leases 19800 Square Feet Office Space At 220 Park Road Burlingame Through CBRE
LEASED
California
See Similar DealsOffice19,800 SF
Leased 10/16/2025
LEASED
Industrious Leases 19800 Square Feet Office Space At 220 Park Road Burlingame Through CBRE
220 Park Road
See Similar DealsOffice19,800 SF
Leased 10/16/2025
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:19,800 SF
Transaction Type:Lease
The office asset involved in the transaction is located at 220 Park Road, Burlingame. It encompasses a total square footage of 19,800 and caters to the office market segment.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 220 Park Road
- Market: Burlingame
- Tenant: Jamie Hodari - Industrious
- Brokers: George Fox & Ryan Kircher - CBRE
This lease agreement was facilitated by CBRE, which maintains a controlling stake in the tenant company, Industrious. The transaction is indicative of expansion efforts to address increased demand in the San Francisco Peninsula, particularly linked to hybrid work environments and the AI sector.
Players
BROKERAGE
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,134,924.05
Total Lease Value
$11,349,240.52
Net Landlord Cash Flow$1,134,924.05
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