Grosvenor Tests Exit from $1B+ Los Gatos North 40 as Duke of Westminster’s Firm Retreats from U.S.

The London developer is exploring a sale of its entitled Silicon Valley mixed-use project, a move that fits a broader unwinding of Bay Area holdings now underway. Grosvenor, the property arm of the Duke of Westminster, is testing the market for its long-delayed North 40 development in Los Gatos, a signal that the London-based firm's […]