Skip to content

Chinese developer pays $171 million for 42-acre biotech site in South San Francisco

August 18, 2016

by Blanca Torres : bizjournals – excerpt

Greenland USA and its equity partners completed the purchase of the Landing at Oyster Point, a proposed 2.25 million-square-foot biotech and life science campus in South San Francisco, for $171 million.

The firm, a state-owned Chinese developer, bought the 42-acre site from a partnership between Shorenstein Properties and SKS Partners, which paid $84 million for the land in 2008 and entitled the development plan… (more)

 

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: