IQHQ, a premier life sciences real estate development company, has acquired nearly two acres located at 580 Dubuque Avenue — currently known as South City Station, located in the heart of South San Francisco.
The seller was Republic Metropolitan.
The South City Station site is pursuing entitlements for a 213,000-square-foot development.
“Once complete, South City Station will immediately meet the growing demand for premier life science real estate and R&D space in the thriving South San Francisco market. It will be developed to attract top talent,” said Tracy Murphy, president of IQHQ.
The property is located immediately adjacent to the future South San Francisco Caltrain Station expected to open in spring of 2021 and will connect from San Jose into Downtown San Francisco. It is also near the San Francisco International Airport.
“The San Francisco Peninsula real estate market remains a global leader for the life sciences industry and h