Barings Brings Burlingame’s Peninsula Innovation Point Campus, With New 242,000 SQFT Lab and Office Tower, to Market

Barings is marketing Peninsula Innovation Point, a waterfront Burlingame campus it bought for $170 million in 2021 and expanded with an eight-story, 241,679-square-foot tower financed by a $314 million construction loan, testing investor appetite for new Peninsula lab and office space in a market where lab vacancy sits near 31 percent.