{"id":1004222238,"date":"2018-04-23T06:24:33","date_gmt":"2018-04-23T14:24:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004222238"},"modified":"2022-12-08T12:11:07","modified_gmt":"2022-12-08T20:11:07","slug":"hines-acquires-san-francisco-creative-office-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/","title":{"rendered":"Hines Acquires San Francisco Creative Office Campus"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004222370\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004222370\" data-attachment-id=\"1004222370\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/clearview-business-park\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Clearview Business Park\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Clearview Business Park, San Francisco&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg?w=800\" class=\"wp-image-1004222370 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004222370\" class=\"wp-caption-text\">Clearview Business Park, San Francisco<\/p><\/div>\n<p>Hines has acquired Clearview Business Park, a Class A creative office campus in San Francisco.<\/p>\n<p>Located atop the San Francisco Peninsula ridgeline, the campus is situated on 22 acres and comprises six buildings totaling 379,219 square feet. The property is currently 100 percent leased to GoPro and Tesla.\u00a0Clearview Business Park is within close proximity to US-101, Interstate 280 and Highway 92.<\/p>\n<p><em>&#8220;Clearview Business Park is a high-quality asset in a strategic location. We are excited to add this property to the Hines portfolio as we continue to grow in San Mateo and the Bay Area,&#8221;<\/em> said Cameron Falconer, senior managing director, Hines, in a prepared statement.<\/p>\n<h2>Ownership history<\/h2>\n<p>According to Yardi Matrix, buildings A, B, C, E and F were constructed in 1970 and last renovated in 2007. Building D is the newest, having been built in 2016.\u00a0Embarcadero Capital Partners was recorded as the most recent owner, which acquired the campus in April 2014 for $125.5 million from Lowe Enterprises.<\/p>\n<p>Earlier this month, Hines and Oaktree Capital Management acquired First Tower, a Class B <a href=\"https:\/\/www.commercialsearch.com\/news\/hines-oaktree-acquire-canada-office-tower\/\">office building in Calgary, Canada<\/a>.<\/p>\n<p><em>Image courtesy of Hines\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clearview Business Park is situated on 22 acres and comprises six buildings totaling 379,219 square feet. The property is currently 100 percent leased to GoPro and Tesla.\u00a0<\/p>\n","protected":false},"author":746,"featured_media":1004222370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,21747,1609,15],"tags":[36404,37135,32797,36098],"class_list":["post-1004222238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-office","category-san-francisco","category-west","tag-cameron-falconer","tag-embarcadero-capital","tag-hines","tag-lowe-enterprises"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hines Acquires San Francisco Creative Office Campus - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hines Acquires San Francisco Creative Office Campus\" \/>\n<meta property=\"og:description\" content=\"Clearview Business Park is situated on 22 acres and comprises six buildings totaling 379,219 square feet. The property is currently 100 percent leased to GoPro and Tesla.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-23T14:24:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T20:11:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/\",\"name\":\"Hines Acquires San Francisco Creative Office Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\",\"datePublished\":\"2018-04-23T14:24:33+00:00\",\"dateModified\":\"2022-12-08T20:11:07+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/Clearview-Business-Park.jpg\",\"width\":800,\"height\":620,\"caption\":\"Clearview Business Park, San Francisco\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hines-acquires-san-francisco-creative-office-campus\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hines Acquires San Francisco Creative Office Campus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f2094ece0e063845f848c7f1c7b84780\",\"name\":\"IvyLee Rosario\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/IvyLee_Rosario.jpg?w=67\",\"caption\":\"IvyLee Rosario\"},\"description\":\"IvyLee Rosario is a Senior Associate Editor for Commercial Property Executive and Multi-Housing News. She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. 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