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Investors Bet On San Francisco Bay Area As Next Life Sciences Hub

by therealdeal.com posted 3weeks ago 6 views
You might think San Francisco’s priciest per-square-foot commercial deal was about tech. You’d be wrong: It was KKR’s $1.1 billion purchase of a life science complex in Mission Bay, among the last available lab spaces in the area. In August, BioMed Realty paid Oracle $160 million for offices and vacant land at the border of Belmont and Redwood City, giving it over 200,000 square feet of existing space with life science conversion potential and the The post Investors surf the life sciences wave in the Bay Area appeared first on The Real Deal New York.

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