The office component of 220 Park Road in downtown Burlingame is now fully leased, marking a key milestone for the mixed-use project. The ownership group, Dostart Development Company, LLC and Sares Regis Group of Northern California, has secured tenants for the entire 168,000-square-foot office portion of the property.
Located in the core of downtown Burlingame, 220 Park Road totals 185,000 square feet and combines office, retail, and restaurant uses. In addition to the leased office space, the development includes approximately 17,000 square feet of ground-floor retail and restaurant area, designed to serve both building occupants and the surrounding neighborhood.
The office space at 220 Park Road is now occupied by a mix of financial and technology tenants. SkyKnight Capital, an investment firm, has taken space in the building, alongside Confluent, a data streaming platform provider that is in the process of being acquired by IBM. Upstart Networks, a company focused on credit and lending technology, has also leased space at the property. The tenant roster is rounded out by a leading, but unnamed, additional occupier referenced in the source material.
The full lease-up of the office component underscores ongoing tenant demand for well-located, mixed-use product in established suburban downtowns on the San Francisco Peninsula. With its combination of modern office space and street-level retail and restaurant offerings, 220 Park Road is positioned as a multi-tenant hub within downtown Burlingame.
For the ownership, reaching full occupancy on the office side provides income stability and supports the long-term performance of the overall project. The presence of multiple professional services and technology tenants may also help drive traffic to the on-site retail and restaurant spaces, enhancing the property’s mixed-use ecosystem.
