Healthpeak Properties Announces $925 Million of Transaction Activity in South San Francisco

Healthpeak Properties has announced $925 million in transaction activity, including the acquisition of a 1.4-million square foot campus in South San Francisco for $600 million. The company has also closed on outpatient medical dispositions totaling approximately $325 million. Healthpeak is in negotiations for additional transactions that could generate proceeds of approximately $700 million or more. The transactions reflect the company's capital allocation strategy and solidify its leadership position in the biotechnology submarket.