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Alexandria Real Estate Trims San Francisco Holdings With Deal To Sell Downtown Offices

Leading Tech and Life Science REIT Lands Buyer for Swinerton-Anchored SoMa Buildng
A joint venture between investors Bridgeton and Stars REI have closed on the creative office building at 260 Townsend St. in San Francisco's SoMa neighborhood. (CoStar)
A joint venture between investors Bridgeton and Stars REI have closed on the creative office building at 260 Townsend St. in San Francisco's SoMa neighborhood. (CoStar)
CoStar News
August 3, 2021 | 10:10 P.M.

One of the nation's leading life science and technology developers has sold a piece of its expansive Bay Area portfolio as part of a broad shift away from traditional office assets and to higher-demand biotech uses.

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News | Alexandria Real Estate Trims San Francisco Holdings With Deal To Sell Downtown Offices