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GI Partners Acquires Office Portfolio In South San Francisco & San Carlos For $388M

Property Image
SOLD
$388,000,000

California

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Office332,000 SF
Sold 09/16/2022
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Property Image
SOLD

GI Partners Acquires Office Portfolio In South San Francisco & San Carlos For $388M

7000 Shoreline Court, South San Francisco, California 94080, United States

See Similar Deals
Office332,000 SF
Sold 09/16/2022
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$1,168
Total Square Footage:332,000 SF
Transaction Type:Sale

The office property located at 7000 Shoreline Court, 381-383 Oyster Point Boulevard & 75-125 Shoreway Road in South San Francisco & San Carlos has been sold. The buyer, GI Partners represented by Tony Lin, purchased the property from Alexandria Real Estate Equities for a total of $388,000,000. The property spans a total area of 332,000 square feet, resulting in a price per square foot of $1,169.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $388,000,000
  • Property Address: 7000 Shoreline Court, 381-383 Oyster Point Boulevard & 75-125 Shoreway Road
  • Market: South San Francisco & San Carlos
  • Buyer: GI Partners - Tony Lin
  • Seller: Alexandria Real Estate Equities
  • Square Footage: 332,000
  • Price per Square Foot: $1,169

The sale of this office property was facilitated by GI Partners, represented by Tony Lin, as the buyer, and Alexandria Real Estate Equities as the seller. This transaction marks an important deal in the South San Francisco & San Carlos market, highlighting the interest and activity in the office real estate sector.

Players

TL
2 deals$388M volume
BUYER

SELLER

Details

SOLD
IMAGE: Tony Lin DATE: 09/16/2022 ADDRESS: 7000 Shoreline Court, 381-383 Oyster Point Boulevard & 75-125 Shoreway Road MARKET: South San Francisco & San Carlos ASSET TYPE: Office BUYER: GI Partners - Tony Lin SELLER: Alexandria Real Estate Equities SALE PRICE: $388,000,000 SF: 332,000 ~ PPSF: $1,169

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