Harvest Properties and Stockbridge acquired the 379,615-square-foot Clearview Business Park in San Mateo, in an off-market transaction. Although the purchase price was not disclosed, published reports put it at $102 million. Harvest plans to re-entitle the 22-acre property as a for-sale residential community, which will include affordable housing among its 225 townhomes and single-family homes.
Located at 3000–3155 Clearview Way, the hilltop property currently includes six Class A office buildings, surface and structured parking, and is partially leased to GoPro, which occupies the space through 2026. Originally constructed in 1973, the campus previously served as Visa International’s headquarters before transitioning to GoPro in 2011.
“We selected this site because our proposed housing plan will integrate seamlessly into the existing neighborhood,” said Tyler Issadore, senior director at Harvest Properties. “This is one of the most difficult housing types to replicate due to the significant land requirements. Projects like this are rare, but they’re essential to expanding the for-sale housing supply and creating opportunities for current and future San Mateans.”
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