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Trammell Crow Company Acquires 5-Acre Development Site In Redwood City For $65M

Property Image
SOLD
$65,000,000

California

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Development Site205,047 SF
Sold 01/20/2022
the dealdetailscomps
Property Image
SOLD

Trammell Crow Company Acquires 5-Acre Development Site In Redwood City For $65M

200 Twin Dolphin Drive, Redwood City, California 94065, United States

See Similar Deals
Development Site205,047 SF
Sold 01/20/2022
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$317
Total Square Footage:205,047 SF
Transaction Type:Sale

The development site located at 200-240 Twin Dolphin Drive in Redwood City has been sold for a price of $65,000,000. The property spans across 5 acres and is a valuable asset in the market. The transaction took place on January 20, 2022, and the buyer of the property is Trammell Crow Company, represented by Adam Voelker. The seller in this deal is Sand Hill Property. The building square footage (BSF) of the site is 205,047 and the price per BSF (PPBSF) is $317.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $65,000,000
  • Address: 200-240 Twin Dolphin Drive, Redwood City
  • Market: Redwood City
  • Acres: 5

Trammell Crow Company, represented by Adam Voelker, acted as the buyer in this transaction. They saw the potential in this development site and made the purchase. On the other hand, Sand Hill Property acted as the seller, parting ways with this valuable asset. The transaction represents a significant deal in the market, showcasing the demand for development opportunities in Redwood City.

Players

TC
Trammell Crow Company
BUYER
SP
Sand Hill Property
SELLER

Details

SOLD
IMAGE: Adam Voelker DATE: 01/20/2022 ADDRESS: 200-240 Twin Dolphin Drive MARKET: Redwood City ASSET TYPE: Development Site ~ ACRES: 5 BUYER: Trammell Crow Company - Adam Voelker SELLER: Sand Hill Property SALE PRICE: $65,000,000 BSF: 205,047 ~ PPBSF: $317

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