Friday, September 16, 2011

Giant biotech site put on the block

Six months after entitling an 82-acre waterfront commercial campus on Oyster Point in South San Francisco, owners Shorenstein Properties and SKS Development are quietly putting the huge property on the market.
The partnership has retained both Eastdil Secured and Cassidy Turley, pursuing a dual strategy of seeking a buyer while also reaching out to potential tenants. The property, which is likely to hit the market next week, is entitled for 2.25 million square feet and 20 acres of parkland.

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