King Street Properties and Helios Real Estate have received approval to build a 475K SF life science campus in Burlingame on the eastern coast of San Francisco's peninsula.
The partners will build office and research buildings at 1669 and 1699 Old Bayshore Highway and 810 and 821 Malcolm Road, according to a report in the San Francisco Business Times.
Boston-based King Street bought the four parcels in February for $45.2M. Four office, industrial and restaurant buildings encompassing about 100K SF will be demolished to make way for the new life science campus.
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