facebook
Traded Co logo
Submit a Deal

Alexandria Real Estate Acquires Office Building In Palo Alto For $446M

3301-3307 Hillview Avenue
PointingArrow
Share

This Office property located in CA was sold for $446,000,000 about 2 years ago.

The property asset involved in this transaction is an office located at 3301-3307 Hillview Avenue in Palo Alto. The property has a total area of 292,000 square feet. The sale took place on January 10, 2022, and the buyer of the property was Alexandria Real Estate. The sale price for the property was $446,000,000, resulting in a price per square foot of $1,527.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $446,000,000
  • Address: 3301-3307 Hillview Avenue
  • Market: Palo Alto
  • Buyer: Alexandria Real Estate
  • Size: 292,000 square feet
  • Price per Square Foot: $1,527

The sale of this office property was made to Alexandria Real Estate. Their acquisition of the property signifies their expansion in the Palo Alto market. Joel S. Marcus is the representative for the buyer in this transaction.

View Related

Deals
  • Location
    3301 Hillview Avenue, Palo Alto, California 94304, United States3301 Hillview Avenue, Palo Alto, California 94304, United States
  • Sale Price
    $446,000,000$446,000,000
    $1,527 PPSF$1,527 PPSF
  • Area
    292,000 SF292,000 SF
  • Asset Type
    OfficeOffice

Social

Deal Summary

SALE IMAGE: Joel S. Marcus DATE: 01/10/2022 ADDRESS: 3301-3307 Hillview Avenue MARKET: Palo Alto ASSET TYPE: Office BUYER: Alexandria Real Estate SALE PRICE: $446,000,000 SF: 292,000 ~ PPSF: $1,527

Comparables


We could not find what you were looking for, try a different filter
  • Social

  • Comparables

  • Share


  • Login to Suggest Edits