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12 Twin Dolphin Drive

Dan Minkoff Of The Minkoff Group Acquires Former Oracle Campus In Redwood Shores For $56M
SOLDOffice

Dan Minkoff Of The Minkoff Group Acquires Former Oracle Campus In Redwood Shores For $56M

12 Twin Dolphin Drive

$56,000,000

$212/SF

Building Size

263,000 SF

Asset Type

Office

Closing

Jul 20, 2026

AI

The property asset involved in this transaction is located at 10-12 Twin Dolphin Drive in Redwood Shores, CA. The asset type is office, encompassing 15 acres of land. The transaction was completed at a sale price of $56,000,000, with a total square footage of 263,000, translating to a price per square foot of $213.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $56,000,000
  • Address: 10-12 Twin Dolphin Drive
  • Market: Redwood Shores, CA
  • Asset Size: 15 acres
  • Square Footage: 263,000
  • Price per Square Foot: $213
  • Buyer: Dan Minkoff - The Minkoff Group
  • Seller: Jamie Graff - IQHQ

The deal highlights key individuals and companies, with Dan Minkoff representing The Minkoff Group as the buyer and Jamie Graff representing IQHQ as the seller. This transaction emphasizes ongoing changes within the Bay Area's life science and office real estate market.

Players

Dan Minkoff

The Minkoff Group

Buyer

$56M

vol

1 deal

Buyer

Jamie Graff

IQHQ

Seller

$56M

vol

1 deal

Seller

Redwood City Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.28%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93