Morgan Stanley Buys 601 California in Palo Alto for $145.1MM

By Vladimir Bosanac Just over a year of ownership seemed enough for Blackstone to hold on to its $136,770,000 investment in 601 California Avenue in Palo Alto. The company sold earlier this month the 114,000 square foot building to Morgan Stanley for $145.1 million, or just over $1,272 per square foot, according to public records. […]