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Bay Area Life Science Demand Surges to New Highs With $160 Million Acquisition

Stockbridge Capital Group Adds to Region’s Biotech Boom With East Bay Purchase

Stockbridge Capital Group has purchased the under-construction biotech project at 1951 Harbor Bay Parkway in Alameda, California, for nearly $160 million. (Brick Architects)
Stockbridge Capital Group has purchased the under-construction biotech project at 1951 Harbor Bay Parkway in Alameda, California, for nearly $160 million. (Brick Architects)

With a tenant signed on to take all of the space in their 220,000-square-foot life science building, still under construction in Alameda, California, srmERNST Development Partners and Hillwood Investment Properties had no trouble locating buyers willing to pay top dollar for the project.

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