San Mateo County office vacancy rates have been trending upward, unlike those in nearby San Francisco, and its suburban feel may be the problem. San Mateo office space has great rates per square foot compared to other areas, but just-released research from Avison Young shows that San Mateo's lack of public transportation options and poor walkability ratings are hurting its appeal. There is no Caltrain close to most San Mateo County office locations, and food and entertainment options are usually not nearby either. [Bisnow]
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