UCSF drops $767 million to expand its Mission Bay campus
UCSF acquired 470,000 sq ft of life-science space including a 600-spot garage to modernize its dentistry school, replacing 1950s facilities and enhancing clinical collaboration.
4 Articles
4 Articles
Day Around the Bay: UCSF Expands Again In Mission Bay
Local:UCSF closed a deal today to buy 409 Illinois Street, the former Mission Bay headquarters of drug maker FibroGen, along with an adjacent building. The deal continues UCSF's strategic expansion in the neighborhood, and there is reportedly a plan to relocate its School of Dentistry to this location. [Chronicle]The fire last week that displaced 68 residents of an apartment building on Goldent Gate Avenue appears to have been caused by an explo…
UCSF Expands Mission Bay Holdings with $767M Acquisition
The University of California, San Francisco (UCSF) has paid $767 million to acquire a pair of buildings at the edge of its current campus in Mission Bay, reported the San Francisco Business Times. The sellers of 409 and 499 Illinois St. were Alexandria Real Estate Equities and CBRE Investment Management. A 587-space parking garage was included in the sale. UCSF already leases most of the 247,003-square-foot 499 Illinois, where its Center for Rep…
UCSF Spends $767MM on 525,000 SQFT Mission Bay Properties Owned by Alexandria
By The Registry Staff The University of California, San Francisco has acquired two adjacent buildings in Mission Bay as part of a strategic expansion that will relocate its School of Dentistry from the Parnassus campus to the city’s thriving waterfront biotech hub. According to a report from the San Francisco Chronicle, UCSF announced that it […] The post UCSF Spends $767MM on 525,000 SQFT Mission Bay Properties Owned by Alexandria appeared firs…
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