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Rancho Bernardo Office Building Sells For $36.5 Million To San Francisco Company

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Drawbridge Realty Trust of San Francisco has purchased a Rancho Bernardo office building that houses Broadcom Corp., for $36.5 million, according to CoStar Group and public data.

The seller of the 94,794-square-foot building, at 16340 W. Bernardo Drive, was Menlo Equities of Palo Alto.

The three-story property was built on approximately 4 acres in 2007 and was fully leased to Broadcom at the time of the sale.

— Lou Hirsh

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