Rancho Bernardo Office Building Sells for $36.5 Million to San Francisco CompanyThursday, November 21, 2013
Drawbridge Realty Trust of San Francisco has purchased a Rancho Bernardo office building that houses Broadcom Corp., for $36.5 million, according to CoStar Group and public data.
The seller of the 94,794-square-foot building, at 16340 W. Bernardo Drive, was Menlo Equities of Palo Alto.
The three-story property was built on approximately 4 acres in 2007 and was fully leased to Broadcom at the time of the sale.
— Lou Hirsh