The building sold for more than most office properties in the Bay Area have been trading for, according to the report. It was acquired by fuel retailer Vintners Distributors.
The property is currently 46% leased by Fresenius Medical Care. Vintners plans to occupy the rest of the facility and use it as its corporate headquarters.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.