Brandon Shorenstein & John Boynton Acquire 550 Allerton Office Building In Redwood City

550 Allerton Street is a 76,649-square-foot Class A office building located in downtown Redwood City, California. The property was recently sold, adding to the Northern California portfolio of Shorenstein Investment Advisers.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 550 Allerton Street
• Market: Redwood City, CA
• Asset Size: 76,649 square feet
• Buyer: Brandon Shorenstein & John Boynton
• Company: Shorenstein

Shorenstein Investment Advisers aims to lease the remaining vacant space in the building. The firm is capitalizing on the strong demand for high-quality office assets in the Bay Area's most supply-constrained office markets.