Lauri Gillespie Buys 11,000 SQFT R&D Building at 1023 Chestnut Street in Redwood City for About $1.53MM

A 1948-vintage R&D building on Redwood City's Chestnut Street changed hands at $142 per square foot in the third quarter, a fraction of the roughly $1,000-per-square-foot prices paid for other Peninsula assets during the same stretch, according to Colliers.