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Back to buying: Shorenstein ramps up investments with Silicon Valley office deal

Developer scoops up law firm-anchored building in a recovering market
Law firm Gunderson Dettmer has leased nearly all of the building at 550 Allerton St. in Redwood City since it opened in 2018. (CoStar)
Law firm Gunderson Dettmer has leased nearly all of the building at 550 Allerton St. in Redwood City since it opened in 2018. (CoStar)
CoStar News
July 17, 2026 | 5:27 P.M.

Shorenstein's return to the investment market is kicking into a higher gear with its purchase of a Silicon Valley office building that closed within days of a separate one it scooped up on the opposite end of the country.

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