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550 Allerton St 14,886 SF of 4-Star Office Space Available in Redwood City, CA 94063

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Highlights

  • One Floor Available, Totaling 14,886 SF with Class A+ Turnkey Interior Improvements.
  • New Construction in Downtown Redwood City.
  • Steps from Caltrain and Numerous Amenities.
  • San Francisco Bay and Western Foothill Views.
  • Floor-To-Ceiling Glass, Subterranean Parking with Valet, Bike Parking and Showers, and State-of-the-Art Mechanical Systems.

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 3rd Floor
  • 14,886 SF
  • Negotiable
  • $83.40 /SF/YR $6.95 /SF/MO $1,241,492 /YR $103,458 /MO
  • Office
  • Full Build-Out
  • Now

Mostly open plan office space available for lease on the 3rd floor. Available in 30 days.

  • Fully Built-Out as Standard Office
  • Fits 38 - 119 People
  • 4 Conference Rooms
  • Finished Ceilings: 9’
  • High Ceilings
  • Mostly Open Floor Plan Layout
  • 10 Private Offices
  • 72 Workstations
  • Central Air Conditioning
  • Ample bike parking showers on ground floor
Space Size Term Rental Rate Space Use Condition Available
3rd Floor 14,886 SF Negotiable $83.40 /SF/YR $6.95 /SF/MO $1,241,492 /YR $103,458 /MO Office Full Build-Out Now

3rd Floor

Size
14,886 SF
Term
Negotiable
Rental Rate
$83.40 /SF/YR $6.95 /SF/MO $1,241,492 /YR $103,458 /MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size 14,886 SF
Term Negotiable
Rental Rate $83.40 /SF/YR
Space Use Office
Condition Full Build-Out
Available Now

Mostly open plan office space available for lease on the 3rd floor. Available in 30 days.

  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 38 - 119 People
  • 10 Private Offices
  • 4 Conference Rooms
  • 72 Workstations
  • Finished Ceilings: 9’
  • Central Air Conditioning
  • High Ceilings
  • Ample bike parking showers on ground floor

Property Overview

550 Allerton is a premier, newly constructed Class A+ office building located in the heart of Downtown Redwood City. Tenants will enjoy contemporary interior finishes, including polished concrete floors and exposed ceilings throughout the common areas. Boardrooms, conference spaces, and huddle rooms feature floor-to-ceiling glass, complemented by a full-service kitchen and a versatile all-hands area. This six-story, standalone building provides sweeping views of the San Francisco Bay and Western Foothills, both from inside the offices and the outdoor terrace. The property includes two levels of underground parking, offering a hotel-style arrival experience with 24/7 access, seamless entry without ramps or elevators, convenient retrieval via text, EV charging stations, and VIP parking. Additional amenities include ample bike parking and ground-floor showers. Designed with sustainability in mind, the building features advanced mechanical systems for high energy efficiency. The striking property’s strategic downtown location offers walkable access to a diverse selection of restaurants, cafés, and retail shops. The site is just a five-minute walk from the Redwood City Caltrain Station, providing direct connections to San Francisco and San Jose, and is conveniently near Highways 101, 82, and 84 for efficient access to the entire Bay Area. 550 Allerton delivers a thoughtfully designed, highly connected workplace that blends modern amenities, sustainability, and a premier downtown setting.

Property Facts

Building Type
Office
Year Built
2018
LoopNet Rating
4 Star
Building Height
6 Stories
Building Size
76,649 SF
Building Class
A
Typical Floor Size
14,886 SF

Marketing Brochure

Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Amenities

Restaurants

Orenchi Ramen Japanese - 4 min walk
Eats Meets West Bowls - - 5 min walk
Sandwich Spot Sandwiches $ 5 min walk
Gourmet Haus Staudt Gifts & Cafe Cafe $$ 6 min walk
Go Fish Poke Bar Hawaiian - 6 min walk
Peet's Coffee Cafe - 6 min walk
Zadna Mediterranean $$ 7 min walk
Yumi Yogurt Ice Cream $ 8 min walk
In-N-Out Burger - - 7 min walk
Jamba - - 8 min walk

Retail

FedEx Office Business/Copy/Postal Services 6 min walk
Marshalls Dept Store 7 min walk
Bluemercury Health & Beauty Aids 7 min walk
CVS Pharmacy Drug Store 7 min walk
F45 Training, Inc. Fitness 9 min walk
Barnes & Noble Books 9 min walk
Supercuts Salon/Barber/Spa 9 min walk
Pet Food Express Pet Shop/Supplies 9 min walk
Powerhouse Gym Fitness 8 min walk
Sports Basement Sporting Goods 12 min walk

Hotels

Holiday Inn Express
62 rooms
4 min drive
Courtyard
177 rooms
5 min drive
Days Inn
68 rooms
6 min drive
Hyatt Place
104 rooms
8 min drive

About Redwood City

Redwood City is a vibrant and growing municipality and is expanding its qualifications as one of the Bay Area’s most sought after commercial areas. It’s located at the center of the San Francisco Peninsula, midway between San Francisco and San Jose.

Recognizing the location advantages of the area, technology companies such as Facebook and Box have expanded their presences over the past decade. The growth of such companies has drawn a range of supporting businesses into the area, creating a positive chain of economic development.

The sunny climate, good transportation connections, and expanding cultural facilities make Redwood City an attractive place to live and work. Developers have responded with new projects such as Elco Yards, which is located on the southern edge of downtown Redwood City. This project is set to include life science and office space spread across four buildings. This is one of several new developments set to elevate the status of Redwood City, offering a combination of growing employment opportunities for residents and business services opportunities for companies looking to expand into the market.

Leasing Teams

Leasing Teams

Mike Courson, Vice Chairman
Mike Courson joined Newmark Knight Frank in 2012 as an executive managing director specializing in the representation of landlords, tenants and investors throughout the Greater Silicon Valley. In February 2018, Mr. Courson was promoted to vice chairman. Prior to joining the Palo Alto office, Mr. Courson spent 10 years at Cushman & Wakefield (formerly Cassidy Turley), where he achieved partner status within his first four years in the business. Throughout his commercial real estate career, his transactions have exceeded $3 billion in value, and since 2003, he has closed more than 12.2 million square feet in lease and sale transactions.

Mr. Courson has participated in numerous sales and leasing transactions that were later nominated by local business journals as deals of the year. Three standouts are Stanford's acquisition of the Mid-Point Technology Campus located in Redwood City, totaling 898,278 square feet; ING Clarion's acquisition of 133,036 square feet along Sand Hill Road; and Chan Zuckerberg Initiative's (CZI's) build-to-suit, 100,000-rentable-square-foot headquarters located in downtown Redwood City. Throughout Mr. Courson's career, Mr. Courson has paid special attention to downtown amenity and transit orientated markets, particularly Mountain View, Palo Alto and Redwood City. In 2017, Mr Courson led four major Class A ground-up lease transactions in downtown Redwood City totaling more than 315,000 rentable square feet. Associated tenants included CZI, Go Fund Me, McKinsey & Company, Bessemer Ventures, Gunderson Dettmer, SendGrid and Highfive.
Christian Prelle, Executive Vice President, Head of Office Agency
An Executive Managing Director and Market Leader for Newmark’s Palo Alto office, Christian Prelle advises his clients on the development and execution of office/R&D lease and investment transactions throughout the Bay Area. His clients appreciate his market knowledge, loyalty, and thoroughness in the representation process. Prelle has experience working with institutional landlords and real estate investment trusts on the management and leasing of key assets. On the tenant representation side, he has worked extensively with early-stage technology and professional service companies on structuring appropriate facility strategies, as well as later-stage companies, which he assists with more complex real estate needs.

Prelle has also taken over the leadership and managerial role, overseeing over 55 brokers and staff. He was named Rookie of the Year by the Association of Silicon Valley Brokers (ASVB) in his first year at Newmark and is now a company Top Producer having since completed over 320 lease and sale transactions totaling more than $1.4 billion in total consideration.
  • Listing ID: 27878451

  • Date on Market: 3/3/2023

  • Last Updated:

  • Address: 550 Allerton St, Redwood City, CA 94063

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