Formerly located in Redwood City, Calif., the nonprofitorganization is moving to new offices in San Mateo - at an oldmotorcycle dealership. The Society has signed a 16-year lease onthe E. Fifth Avenue location.

The region's super-tight and expensive rental market pushed thegroup to buy the former Kawasaki dealership this spring, paying$800,000 for the space and an additional $300,000 in renovations.The group put in losing bids on 20 other properties before landingthe new space.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.