San Francisco, CA Office Listings for Sale
The 21-story building came under new ownership last year.
The footprint is projected to grow by 200 percent over the next two years, according to Cushman & Wakefield’s forecast.
The partners paid down the property’s existing debt by $100 million before securing the new financing.
The deal comes as the local biotech industry struggles with job cuts and a market slowdown.
The lease is part of the firm’s consolidation strategy.
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