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Transactions - JUNE 15, 2021

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Strong life sciences demand fuels $155m sale of Bay Area property

by Released

BentallGreenOak has sold Mt. Eden Research Park, a six-building R&D/life sciences campus totaling 369,986 square feet in Hayward, Calif. GI Partners paid $155 million for the asset.

Mt. Eden Research Park is located along the Central I-880 Corridor at 25801, 25821, 25841, 25861, 25881 and 25901 Industrial Blvd. The 24.75-acre site, at the base of the San Mateo-Hayward Bridge, has superior access to the Mid-Peninsula, Silicon Valley and East Bay and benefits from its proximity to top research universities such as Berkeley and Stanford, as well as the highly educated labor pool in the surrounding area.

The Bay Area is the 

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