Industrious Leases 19800 Square Feet Office Space At 220 Park Road Burlingame Through CBRE

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.