South SF biotech site sells despite coronavirus real estate slump
By J.K. Dineen on May 11, 2020
A site near the future South San Francisco Caltrain Station has been sold at a time when most commercial real estate transactions are paralyzed by the uncertainties of the coronavirus pandemic.
IQHQ, a real estate developer that specializes in biotech, bought 580 Dubuque Ave., where a 213,000-square-foot life science complex is planned. The company, headquartered near San Diego, previously raised $770 million for projects.
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