DivcoWest Refinances Office Building On Shoreline Court In South San Francisco For $124M

The office property located at 5000 Shoreline Court in South San Francisco has recently undergone a loan refinancing transaction. The property, with a total area of 138,400 square feet and occupying 8.6 acres, was the subject of this transaction.

Summary of Transaction Details

• Property Type: Office
• Transaction Amount: $124,000,000
• Address: 5000 Shoreline Court
• Market: South San Francisco
• Landlord: DivcoWest - Stuart Shiff
• Brokers: Mike Walker & Brad Zampa - CBRE
• Loan Type: Refinance

The loan refinancing has provided financial stability to the property, enabling continued operations and potential future enhancements. DivcoWest, represented by Stuart Shiff, acted as the landlord for this transaction. The brokers involved in the deal were Mike Walker and Brad Zampa from CBRE.