Salesforce.com has acquired the undeveloped portions of Mission Bay lots 26 and 27 and all of Mission Bay lots 29-34, a total of 14 South Mission Bay acres, from Alexandria Real Estate Equities for $278 Million with the intention of building a nearly 2 million square-foot campus, four times its current square-footprint in San Francisco.
Two of the acquired lots are directly across the street from UCSF’s new Mission Bay Medical Center which is now under construction, thanks in large part to a $100 million donation from Salesforce.com founder Marc Benioff.
∙ An Overview Of Mission Bay [SocketSite]
∙ The (Incomplete) Conceptual Massing For SF’s Mission Bay [SocketSite]
∙ The Building Of UCSF’s New Mission Bay Medical Center Is Underway [SocketSite]