Science Center at Oyster Point

A mixed-use property in South San Francisco, California. Securitized in 1 CMBS deal in 2025.

$216.6MAppraised value (latest deal)
100.0%Occupancy
$9.8MUnderwritten NOI
4.5%Implied cap rate
Address
180 & 200 Oyster Point Boulevard, South San Francisco, CA 94080
Property type
Mixed Use · Lab / Office
Year built
2009, 2010
Size
204,887 SF
Sponsor
BRE Edison L.P.
Loan purpose
Refinance
Largest tenant
Life Technologies

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMO 2025-5C92025-03-20$216.6M100.0%$9.8M4.5%$2.8M41.1%2.23x424B

Historical NOI reported in BMO 2025-5C9

Period endingNOI
11/30/2024$9.4M
12/31/2023$9.1M
12/31/2022$8.8M

More CMBS properties in California →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.