Transactions - JANUARY 12, 2021

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Prologis acquires San Francisco site for redevelopment

by Andrea Zander

San Francisco–based Prologis acquired Shaw Business Center, an 8.2-acre covered land play in a strategic South San Francisco, Calif., location, according to media outlets. The seller was SBC Investors in a deal that reportedly traded for north of $76 million.

Located at 200–212 Shaw Road, 214–218 Shaw Road and 1264–1272 San Mateo Ave., the property is adjacent to San Francisco International Airport, U.S. Route 101, and within blocks of San Bruno train stations for both BART and Caltrain.

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