Kilroy Realty pays $308 million for South San Francisco biotech development site
June 04, 2018 at 12:19 PM EDT
Kilroy purchased the project from Oyster Point Development LLC, whose major shareholder is China's Greenland USA. The price is a nice return on invesment for the seller, which paid $171 million when it bought the fully entitled site from Shorenstein Properties LLC and SKS Partners in August 2016.
