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Industrious Leases 23000 SF Office Space At Metro Center In Foster City

Property Image
LEASED
JH
JS

California

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Office23,000 SF
Leased 03/31/2026
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Property Image
LEASED

Industrious Leases 23000 SF Office Space At Metro Center In Foster City

950 Tower Lane

See Similar Deals
Office23,000 SF
Leased 03/31/2026
JH
JS
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:23,000 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 950 Tower Lane in Foster City. The property comprises a total of 23,000 square feet, designated for office use.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 950 Tower Lane
  • Market: Foster City
  • Tenant: Jamie Hodari & Justin Stewart - Industrious
  • Lease Size: 23,000 SF

Jamie Hodari and Justin Stewart represent Industrious in this lease agreement, marking its first location in Foster City and the fourth opening in the Bay Area within the past year. The space specifically targets Peninsula workers who relocated during the pandemic, highlighting the ongoing demand for coworking spaces in suburban areas.

Details

LEASED
IMAGE: Jamie Hodari & Justin Stewart DATE: 03/31/2026 ADDRESS: 950 Tower Lane MARKET: Foster City ASSET TYPE: Office ~ SF: 23,000 TENANT: Jamie Hodari (@JamieHodari) & Justin Stewart - Industrious (@Industrioushq) NOTE: Industrious leased 23,000 SF at Metro Center, its first location in the city and fourth Bay Area opening in the past year.The space targets Peninsula workers who relocated during the pandemic and have resisted returning to San Francisco, reflecting continued suburban coworking demand.

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Deal Type
Effective Rent (Annual)

$1,318,346.12

Total Lease Value

$13,183,461.21

Net Landlord Cash Flow$1,318,346.12