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TMG and Alexandria Acquire 505 Brannan

SAN FRANCISCO– An office development site at 505 Brannan St. was acquired by TMG Partners and Alexandria Real Estate Equities Inc. in a joint venture. The 135,000-square-foot development project is fully entitled.

By Lisa Brown | Updated on May 12, 2015

SAN FRANCISCO–An office development site at 505 Brannan St. was acquired by TMG Partners and Alexandria Real Estate Equities Inc. in a joint venture. The site is fully entitled, complete with Prop M office allocation secured during late 2014. Terms of the transaction were not disclosed for the 135,000-square-foot development project.

Matt Field, chief investment officer with TMG Partners, tells GlobeSt.com:

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