Park Hotels & Resorts Enters Contracts to Sell Two San Francisco Hotels for $303.5MM
TYSONS, Va., July 13, 2021 -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien...
Rudolph and Sletten Breaks Ground on $152MM Courthouse in Santa Rosa
SAN CARLOS, Calif.--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has received notice to...
Designs for New Zeiss HQ in Dublin, Calif., Puts History of Company on Display
By Meghan Hall
Over the past ten years, since 2011, optics and optoelectronics technology company Zeiss has undertaken a global investment strategy to expand and modernize its office sites worldwide....
Airbnb Puts 300,000 SQFT 650 Townsend in San Francisco on the Sublease Market; Looks...
By Vladimir Bosanac
While office leasing activity across San Francisco may be starting to reanimate in the new cycle, it is obvious that publicly traded firms with strong fiscal responsibility...
Clearview Business Park in San Mateo Secures $159.3MM Loan
New York City, July 12, 2021 – Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated a $159.3 million loan secured by Clearview Business Park,...
Agenus Inc. Buys 120-Acre Vacaville Site for $18MM
By Meghan Hall
The City of Vacaville has been vying for a biotech presence of its own for nearly two decades, and thanks to a recent deal, its efforts are...
CPP & Greystar Form $1.2 Billion U.S. Life Sciences Development Joint Venture
Toronto, CANADA (July 8, 2021) – Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar), a global leader in the investment, development, and management of high-quality rental housing properties,...
Google-Leased Office Building in Mountain View Trades Hands for $282.6MM
By Meghan Hall
Silicon Valley’s office market is heating up once again, and investors are jumping at the opportunity to buy Class A properties that have long-term tenants. In a...
Lift Partners Sells West Coast Industrial Portfolio to TPG, Including Eight Bay Area Assets,...
By Meghan Hall
In a major industrial deal, TPG Real Estate Partners has purchased an expansive portfolio of West Coast properties, including eight assets in the Bay Area. The Bay...
The Conversion Conversation: Factors Driving Office-to-Lab Repositioning in Key Life Science Markets
The National Trend: Robust Demand for Lab Space is Sparking Conversions
By Liz Berthelette, Matt Kruczlnicki and Lisa DeNight
Since the start of the COVID-19 outbreak in the U.S., the nation’s...
