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Scott M. Brinker Of Healthpeak Properties Acquires Gateway Boulevard Life Sciences Campus For $600M

Property Image
SOLD
$600,000,000

California

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Life Sciences1,400,000 SF
Sold 01/12/2026
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Property Image
SOLD

Scott M. Brinker Of Healthpeak Properties Acquires Gateway Boulevard Life Sciences Campus For $600M

Life Sciences1,400,000 SF
Sold 01/12/2026

Summary

Asset Type:Life Sciences
Price Per Square Foot:$428
Total Square Footage:1,400,000 SF
Transaction Type:Sale

Healthpeak Properties acquired the Gateway Boulevard healthcare campus located in South San Francisco. The transaction involved a sale price of $600 million for a 1.4 million-square-foot property situated on 29 acres.

Summary of transaction details:

  • Property Type: Life Sciences
  • Transaction Amount: $600,000,000
  • Square Footage: 1,400,000
  • Price Per Square Foot: $429
  • Address: Gateway Boulevard
  • Market: South San Francisco
  • Acres: 29
  • Buyer: Scott M. Brinker - Healthpeak Properties

This acquisition marks a significant expansion for Healthpeak Properties, increasing its local footprint to 6.5 million square feet across 210 acres. The purchase is part of $925 million in recent transactions, partially funded by $325 million from outpatient asset sales, aligning with Healthpeak’s capital allocation strategy amid strong demand in the life sciences sector.

Players

BUYER

Details

SOLD
IMAGE: Scott M. Brinker DATE: 01/12/2026 ADDRESS: Gateway Boulevard MARKET: South San Francisco ASSET TYPE: Life Sciences ~ ACRES: 29 BUYER: Scott M. Brinker - Healthpeak Properties SALE PRICE: $600,000,000 SF: 1,400,000 ~ PPSF: $429 NOTE: Healthpeak Properties acquired the 1.4M-square-foot Gateway Boulevard healthcare campus in South San Francisco for $600 million, expanding its local footprint to 6.5M SF across 210 acres.The purchase is part of $925M in recent transactions, funded in part by $325M in outpatient asset sales, aligning with Healthpeak’s capital allocation plan amid strong demand for well-located life sciences and medical properties. MBrinker

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