CBRE INVESTORS ACQUIRES SIX-STORY OFFICE BUILDING

SAN FRANCISCO — CB Richard Investors, on behalf of its Strategic Partners U.S. IV fund, has acquired a 291,000-square-foot office building in the Mission Bay area of San Francisco for an undisclosed price. Located at 500 Terry Francois Blvd., the six-story, Class A property features state-of-the-art conference rooms, a full-service 4,000-square-foot fitness center and retail space. Additionally, the building offers floor plates ranging in size from 32,000 to 61,000 square feet, 10 to 12-foot ceilings, and a raised floor system for greater flexibility of workstation locations and HVAC distribution. The property will feature CBRE Investors’ signature 5-Star Worldwide service program, which is designed to provide services and amenities to increase tenant productivity and satisfaction. Lowe Enterprises was the seller/developer of the property.