Ellis Partners Pays $16.5MM for Ground-Lease Deal in San Mateo

By Jon Peterson San Francisco-based Ellis Partners has paid approximately $16.5 million, or roughly $118 per square foot, to acquire the 140,000 square foot office building located at 411 Borel Avenue in San Mateo, according to sources familiar with the transaction. Ellis Partners declined to say what the acquisition price was on the property. The […]