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Life Science-Focused BioMed Realty Buys Bay Area Industrial Property Amid High Demand

South San Francisco Building Trades for $80 Million
BioMed Realty acquired a South San Francisco industrial property that is currently leased by rental car provider Avis. (CoStar)
BioMed Realty acquired a South San Francisco industrial property that is currently leased by rental car provider Avis. (CoStar)
CoStar News
November 5, 2022 | 12:47 AM

Life science property investor and developer BioMed Realty acquired an industrial property in South San Francisco, California, for approximately $80 million, among the region’s largest single-property industrial trades of the past year amid high demand for biotech real estate.

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