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King Street Properties Acquires Burlingame Office Building For $45.2M

Property Image
SOLD
$45,200,000

California

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Office300,000 SF
Sold 03/24/2022
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Property Image
SOLD

King Street Properties Acquires Burlingame Office Building For $45.2M

1499 Old Bayshore Highway, Burlingame, California 94010, United States

See Similar Deals
Office300,000 SF
Sold 03/24/2022

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$150
Total Square Footage:300,000 SF
Transaction Type:Sale

Located at 1499 Old Bayshore Highway in Burlingame, this office property recently changed hands in a sale transaction. The property spans over 300,000 square feet and is situated in the Burlingame market. The sale was completed on the 24th of March 2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $45,200,000
  • Price per Square Foot: $150

King Street Properties, represented by Sonia Taneja, acted as the buyer in this transaction. They acquired the property for a total of $45,200,000. The purchase price translates to around $150 per square foot.

Players

BUYER

Details

SOLD
IMAGE: Sonia Taneja DATE: 03/24/2022 ADDRESS: 1499 Old Bayshore Highway MARKET: Burlingame ASSET TYPE: Office BUYER: King Street Properties - Sonia Taneja SALE PRICE: $45,200,000 SF: 300,000 ~ PPSF: $150

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