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Real Estate/Development

Jan. 2, 2000

Little known developer picks up major site

Redwood City - A San Francisco company agreed to pay $90 million for the Pacific Shores development site, the largest approved but undeveloped piece of land on the San Francisco Peninsula. The relatively obscure Jay Paul Co. beat out such well-known competitors as Spieker Properties, Cornerstone Properties and Divco West.

Redwood City - A San Francisco company agreed to pay $90 million for the Pacific Shores development site, the largest approved but undeveloped piece of land on the San Francisco Peninsula. The relatively obscure Jay Paul Co. beat out such well-known competitors as Spieker Properties, Cornerstone Properties and Divco West.
The 106-acre parcel near the Port of Redwood City has entitlements for as much as 1.72 million square feet of office, R&D and conference space. The...

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