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DivcoWest Acquires Mixed-Use Property In South San Francisco For $164.5M

Property Image
SOLD
$164,500,000

California

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Mixed-use143,000 SF
Sold 01/13/2022
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Property Image
SOLD

DivcoWest Acquires Mixed-Use Property In South San Francisco For $164.5M

5000 Shoreline Court, South San Francisco, California 94080, United States

See Similar Deals
Mixed-use143,000 SF
Sold 01/13/2022
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$1,150
Total Square Footage:143,000 SF
Transaction Type:Sale

The mixed-use property located at 5000 Shoreline Court in South San Francisco has been sold for a total price of $164,500,000. The property spans approximately 143,000 square feet, resulting in a price per square foot of $1,150. The transaction took place on January 13, 2022, and the seller was Johnson & Johnson.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $164,500,000
  • Address: 5000 Shoreline Court, South San Francisco
  • Market: South San Francisco

The buyer in this transaction was DivcoWest, represented by Stuart Shiff. DivcoWest is a real estate investment firm specializing in commercial properties. Stuart Shiff serves as the company's representative in this deal. The sale of this mixed-use property marks an important transaction in the South San Francisco market, showcasing the thriving real estate activity in the area.

Players

Stuart Shiff
DivcoWest
Stuart Shiff
16 deals$2.2B volume
BUYER
Johnson & Johnson
Johnson & Johnson
SELLER
DivcoWest
DivcoWest
LENDER

Details

SOLD
IMAGE: Stuart Shiff DATE: 01/13/2022 ADDRESS: 5000 Shoreline Court MARKET: South San Francisco ASSET TYPE: Mixed-use BUYER: DivcoWest - Stuart Shiff SELLER: Johnson & Johnson SALE PRICE: $164,500,000 SF: 143,000 ~ PPSF: $1,150

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