SOLD
Ashley Magargee Of Genentech Purchases School In South San Francisco For $36.5M
525 DNA Way
School
32,000 SF
32,000 SF
Sold 17 days ago
Summary
Sale
CALIFORNIA
School
32,000 sqft
The school located at 525 DNA Way in South San Francisco has been sold for $36,500,000. The property spans 3 acres and encompasses 32,000 square feet, resulting in a price per square foot of $1,141.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $36,500,000
- Address: 525 DNA Way
- Market: South San Francisco
- Acres: 3
- Square Footage: 32,000
- Price per Square Foot: $1,141
Ashley Magargee from Genentech has acquired the school property from Coscinelle LLC. This purchase adds to Genentech's existing campus in South San Francisco, expanding their footprint near their headquarters.
Details
SOLD
IMAGE: 04/29/2024
ADDRESS: 525 DNA Way
MARKET: South San Francisco
ASSET TYPE: School ~ ACRES: 3
BUYER: Ashley Magargee - Genentech
SELLER: Coscinelle LLC
SALE PRICE: $36,500,000
SF: 32,000 ~ PPSF: $1,141
NOTE: Genentech, based in South San Francisco, has purchased the San Francisco Baking Institute's location near its headquarters for $36.5 million, adding to its campus despite recent layoffs announced at its main site. The acquired property, at 525 DNA Way, expands Genentech's presence adjacent to its existing campus, which spans over 40 buildings for scientific research and manufacturing.View on map
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Address525 DNA Way
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