Old Post Office starts filling up

December 7, 2025

A piece in the SF Comicle today about the Mission Rock development drawing in a new restaurant (Aurelia, as in the Giants shortstop of old) reminded me of recent news about our own big downtown development at the Old Post Office. Two new tenants have been announced here and here:

CBRE’s Industrious co-working outfit is growing its Bay Area footprint with an expansion in Burlingame. The Los Angeles-based co-working unit of the giant brokerage has leased approximately 19,800 square feet of offices on the fourth floor of 220 Park. The $180 million development at 220 Park Road recently transformed a former post office into high-end offices in the heart of Burlingame, the San Francisco Business Times reported. (see below)

Dostart Development Company and Sares Regis partnered to build 220 Park. Industrious’ lease will take up about two-thirds of the building’s fourth floor, making the co-working company the largest tenant the developers have landed so far. Last year, private equity firm SkyKnight Capital leased about 10,000 square feet at the property. Dostart and Sares Regis could also be solidifying another lease with another firm, sources familiar with negotiations told the Business Times.

“There’s a lot of coworking in San Francisco and a fair amount in Palo Alto, but nothing in Burlingame,” Peri Demestihas, head of real estate for Industrious, told the Business Times. “It’s a pocket filled with folks who say, ‘I don’t want to go into San Francisco or Palo Alto. I want to live and work here.’” And who wouldn’t?

The other deal that has been announced is fintech company Upstart Holdings relocating headquarters to downtown Burlingame’s 220 Park. The fintech firm, an artificial intelligence-powered lending marketplace, shrinks from 100,000 to 60,000 square feet as part of the move. Maybe they will use some of the co-working space from Industrious instead of dedicated space. The next question is when will the Bacchus operated restaurant open on the street level. Apparently, some code issues associated with the historic part of the building that was moved and returned has introduced some hiccups, but hungry tenants hopefully will move things along.

Posted in Dine Burlingame, Downtown Specific Plan, Historical, Local Real Estate, Planning, Post Office, Restoration Jewels, Smart Growth

3 responses to “Old Post Office starts filling up”

KTBG

December 8, 2025

Rich Aurilia, not related to Aurelia (means “golden one” in Latin). That would be cool if he opened his own restaurant near the ballpark, though! The real question is, what is the new fancy restaurant that’s going to open in that Old Post Office development? I heard the original tenant pulled out.
Joe

December 9, 2025

Thanks, KTBG. You are the third person to have heard the original restaurant group pulled out so there must be something to it. Maybe the economics of it hinge on outdoor seating for a good part of the year and there is some barrier to doing that. I miss Aurilia.
Joe

February 26, 2026

From a recent press release, the building is full.

In a strong vote of confidence for vibrant, walkable Peninsula office environments, Dostart Development Company, LLC (DDC) and Sares Regis Group of Northern California (SRGNC) have fully leased the 168,000-square-foot office component of 220 Park Road in Downtown Burlingame.

The 185,000-square-foot mixed-use development — which includes 17,000 square feet of retail and restaurant space — is now home to SkyKnight Capital, Confluent (soon to be owned by IBM), Upstart Networks, and a leading global software and digital platform company. These tenants relocated from premier locations, including the San Francisco Presidio, San Mateo, Palo Alto, and Mountain View.

Later this year, the Bacchus Group will open The Old Post Office, a Michelin-level dining experience located in the restored 1940s U.S. Postal Office Gallery overlooking the City’s soon-to-open Town Square. The project also includes the KOHLER Signature Store of Burlingame and Sweetgreen. A 2,193-square-foot, fully built-out restaurant space with Type 1 venting remains available.
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I hear the Town Square ribbon cutting may be on April 2nd–no foolin’.

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