Commercial Real Estate Blog

A 112,000 square foot office building currently leased to WSGR (Wilson, Sonsini, Goodrich & Rosati) has been picked up by Shorenstein. The purchase price comes in at a whopping $85M representing a price tag of $750+ per square foot! The building was built in 1998 and is a single-tenant leased investment.

$85M is a monster number and is predicated amongst other things on the strength of the rental market within Stanford Research Park and it’s A+ location. Nonetheless, that is a big number.

San Carlos Office Space
999 Skyway Road - 6,000 SF - Plug N’ Play - $3.25 Full-Service

Palo Alto Office Space
2300 Geng Road - 1,963 SF - Plug N’ Play - $2.50 Full-Service

5,666 Square Feet
2370 Watson Court
Palo Alto, California

• Plug N’ Play - Fully Furnished
• Easy 101 Access
• Perimeter Offices
• $3.00 Full Service