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Singapore Investor to Acquire Stripe, Pinterest Headquarters in $572 Million Portfolio Deal

Alexandria Real Estate Trust Sells Two Tech-Anchored San Francisco Office Properties
Singapore investor Acendas Real Estate Investment Trust has closed on Stripe's San Francisco headquarter property at 510 Townsend St. as well as Pinterest's headquarter building at 505 Brannan St. in a portfolio deal worth more than $572 million. (CoStar)
Singapore investor Acendas Real Estate Investment Trust has closed on Stripe's San Francisco headquarter property at 510 Townsend St. as well as Pinterest's headquarter building at 505 Brannan St. in a portfolio deal worth more than $572 million. (CoStar)
CoStar News
November 11, 2020 | 2:46 P.M.

San Francisco's office market is getting another hefty boost of confidence after an Asian investor confirmed its plans to acquire two tech-anchored headquarter properties for more than $572 million.

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