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Brandon Shorenstein Of Shorenstein Properties Acquires Mixed-Use Complex From Jamie Dimon For $175M

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SOLD
$175,000,000

California

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Office774,000 SF
Sold 08/29/2025
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SOLD

Brandon Shorenstein Of Shorenstein Properties Acquires Mixed-Use Complex From Jamie Dimon For $175M

1100 Park Place, 1200 Park Place & 1010 Park Place

See Similar Deals
Office774,000 SF
Sold 08/29/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$226
Total Square Footage:774,000 SF
Transaction Type:Sale

The mixed-use property involved in this transaction consists of three buildings located at 1100 Park Place, 1200 Park Place, and 1010-1060 Park Place in the San Mateo market. The transaction was valued at $175,000,000 for a total of 258,000 square feet, resulting in a price per square foot of $678. The property is fully leased to notable tenants such as Zynga, Essex Property Trust, and Whole Foods, and includes two office buildings along with a grocery-anchored retail center.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $175,000,000
  • Square Footage: 258,000
  • Price per Square Foot: $678
  • Buyer: Brandon Shorenstein - Shorenstein Properties
  • Seller: Jamie Dimon - J.P. Morgan

Brandon Shorenstein represents Shorenstein Properties in this acquisition of the Park Place at Bay Meadows complex from J.P. Morgan, with Jamie Dimon acting as the seller in the transaction.

Players

BUYER


Details

SOLD
IMAGE: Brandon Shorenstein & Jamie Dimon DATE: 08/29/2025 ADDRESS: 1100 Park Place, 1200 Park Place & 1010-1060 Park Place MARKET: San Mateo ASSET TYPE: Mixed-use BUYER: Brandon Shorenstein - Shorenstein Properties (@Shorenstein_sf) SELLER: Jamie Dimon - J.P. Morgan (@JPMorgan) SALE PRICE: $175,000,000 SF: 258,000 ~ PPSF: $678 NOTE: Shorenstein Properties bought the three-building Park Place at Bay Meadows complex in San Mateo from JP Morgan for $175M. The 258K SF mixed-use property, fully leased to tenants including Zynga, Essex Property Trust, and Whole Foods, includes two office buildings and a grocery-anchored retail center.

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