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| 1450 Veterans Boulevard Office Complex, Downtown Redwood, CA |
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| Gerry Rohm |
SAN FRANCISCO, CA ––
Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $32.25 million
sale of 1450 Veterans Boulevard, a
three-story, 53,000-square-foot office building in downtown Redwood City,
California.
HFF marketed the property
on behalf of the seller, Griffin Capital, and procured the buyer, Rees
Properties, Inc.
1450 Veterans Boulevard is
located in downtown Redwood City, just one mile from the Redwood City Caltrain
station, providing direct access to downtown San Francisco.
Downtown Redwood City offers the unique
combination of proximity to Stanford University, venture capital, the U.S.
Highway 101 corridor and connectivity to the executive housing corridor along
Interstate 280 via Woodside Road.
The property was built by DPR Construction
for its own use in 2000 and is fully occupied by the firm through 2022. The 1.81-acre site also offers tenants 171
parking stalls.
The HFF investment sales
team representing the seller was led by Michael Leggett, co-head of HFF’s West
Coast team; senior managing director Gerry
Rohm; director Ben Bullock and
associate director David Dokko.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
.
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