Blackstone Backs Away from ~$405MM Purchase of Oakland’s Uptown Station, Forgoes $20MM Non-Refundable Deposit

By Jon Peterson New York City-based Blackstone has made the decision to walk away from its planned $405 million acquisition of the Uptown Station office project in Oakland. As a result, the global investor will have to forgo the $20 million non-refundable deposit it made on the acquisition earlier this year, according to multiple sources […]