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July 25, 2024
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San Mateo Office Campus Lands $159 Mil in New Financing


Clearview Business Park, a six-building creative office campus located in San Mateo, was refinanced with a $159.3 mil loan originated by Square Mile Capital Management LLC. The loan was made to Hines and an institutional joint venture equity partner, sponsors who had acquired the asset in 2018.

Situated atop the San Francisco Peninsula ridgeline, Clearview Business Park offers panoramic views of the San Francisco Bay and Peninsula from a 22-acre bluff. The property is strategically located between US-101 and I-280 with direct access to Highway 92, convenient to the Bay Areaís key employment centers and drawing executives and highly skilled employees residing in the area.

The campus is partially occupied by GoPro Inc and serves as the tenantís corporate headquarters.

The financing was arranged by Matt Haden and team from Eastdil Securedís San Francisco office.

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