California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Bay Area  + Office  | 

IQHQ Enters South San Francisco Market with Key Life Science Development Site Buy

San Diego-based IQHQ, Inc. acquired South City Station, a nearly two-acre life science development site in South San Francisco, from Republic Metropolitan with plans for a 213,000-square-foot facility. The site at 580 Dubuque Ave. represents IQHQ’s first major agreement in the San Francisco market. The purchase price was not disclosed.

IQHQ’s Tracy A. Murphy says, “Once complete, South City Station will immediately meet the growing demand for premier life science real estate and R&D space in the thriving South San Francisco market. It will be developed to attract top talent.”

Cushman & Wakefield’s Ben Paul brokered the off-market sale.

Paul says, “This site provides a unique opportunity for IQHQ to develop a Class A facility of scale at the South City train station within walking distance to brand new residential and the burgeoning downtown.”

IQHQ completed a $770 million capital raise earlier this year that has supported the REIT’s strategy to invest in cutting-edge life sciences projects in top innovation hubs.

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect With IQHQ’s MurphyConnect With Cushman & Wakefield’s Paul

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

Step 1: Select Education
  • ◦Development
  • ◦Sale/Acquisition
New call-to-action