New York City investors grab Emeryville tech and life science hub

EMERYVILLE — Ratio Innovation Campus in Emeryville was bought for $63.5 million, documents filed on Sept. 30 in Alameda County show, a price far below its most recent assessed value.

The tech and life sciences campus at the corner of Hollis Street and 64th Street was acquired by a New York City-area investment group linked to Jonathan Scheinberg for $63.5 million, documents filed on Sept. 30 in Alameda County show.

The price for the campus at 6401 Hollis St. was 51% below the $129.5 million seller Beacon Capital Partners paid in 2020. It’s also 57.6% below the property’s assessed value of $149.8 million as of January, according to county real estate files…

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