PUBLICATION: EAST BAY TIMES/MERCURY NEWS
A shopping spree for Burlingame properties now tops $100 million and has enabled a big-time Bay Area developer to assemble a large chunk of land along the Peninsula bayfront.
In the most recent burst of purchases, DivcoWest paid $53.1 million for six parcels on Old Bayshore Highway in Burlingame, documents filed on March 16 with the San Mateo County Recorder’s Office show.
Yet these are only DivcoWest’s most recent slew of deals on this stretch of Old Bayshore, according to this news organization’s review of the county property records.
Prior to this month’s purchases, DivcoWest spent $55.7 million over a period from August 2021 through January 2022 buying sites next to the just-bought parcels…READ MORE.