The property involved in the transaction is an office asset located at 369 Oyster Point Boulevard in South San Francisco, encompassing a total square footage of 280,000. The property’s market is noted for its significant commercial activity, particularly in the health sector. This lease transaction was facilitated under the ownership of Kilroy, indicating a strategic positioning in the office space market in the Bay Area.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 369 Oyster Point Boulevard
• Market: South San Francisco
• Landlord: Angela M. Aman - Kilroy
• Tenant: Sam Hawgood - The University of California, San Francisco (UCSF)
• Lease Term: 16.5 years

Angela M. Aman represented Kilroy as the landlord in this transaction, while Sam Hawgood represented the University of California, San Francisco (UCSF) as the tenant. Notably, the lease agreement facilitates the relocation of UCSF Health's pharmacy and clinical laboratory operations to this new facility, which is part of a larger expansion initiative by UCSF in the Bay Area.