CIM Group Sells 490 California in Palo Alto for $14M, 58% Below 2018 Purchase Price

Developers Snap Up Distressed Asset for $14 Million, Plan Venture Capital Hub as South Peninsula Shows Signs of Recovery Premia Capital and Prince Street Partners have acquired 490 California Avenue in Palo Alto for $14 million ($770 per square foot) in a deal that underscores both the deep discounts available in today's commercial real estate […]