SAN MATEO, CA—HFF says it has arrangedpost-acquisition financing for San MateoBayCenter, a three-building class A office campus totaling303,257 square feet.
HFF worked on behalf of the borrower RockpointGroup to secure the floating-rate, post-acquisitionfinancing through Wells Fargo. HFF alsohandled the sale of the property, which closed in September, onbehalf of Equity Office Properties.
Situated at the intersection of U.S. Highway101 and Highway 92 equidistant from SanFrancisco and Silicon Valley, San Mateo BayCenter enjoys excellentaccess to retail amenities and public transportation. Built in 1987, San Mateo BayCenter is comprised ofthree institutionally maintained five- and seven-story officebuildings located at 901 and 951 Mariners IslandBoulevard and 999 Baker Way. Thecampus is more than 98% leased to a diversified roster of tenantsincluding Marketo, Brightedge Technologies and Actuate.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
