First Citizens Bank Buys 41,400 SQFT Palo Alto Mixed-Use Building for $82MM

By The Registry Staff First Citizens Bank & Trust Co., which famously acquired the assets of the failed Silicon Valley Bank, has purchased a prominent downtown Palo Alto office building. According to industry reports, an office asset at 250 University Ave. was sold by Florida-based Inspire Real Estate Holdings for $82 million, or about $1,980 […]