DivcoWest Acquires Mission Bay Office Building From Gap For $356M

The office property located at 550 Terry A. Francois Blvd. in Mission Bay has been sold. The transaction was finalized on 05/04/2022, with the buyer being DivcoWest, represented by Stuart Shiff. The seller in this deal was Gap.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $356,000,000
• Square Footage: 315,000
• Price Per Square Foot: $1,130
• Address: 550 Terry A. Francois Blvd.
• Market: Mission Bay

Stuart Shiff of DivcoWest represented the buyer in this transaction. The sale price of the office property was $356,000,000, with a total square footage of 315,000. The price per square foot was $1,130. The property is located at 550 Terry A. Francois Blvd. in Mission Bay.