Office Properties Income Trust
Office Properties Income Trust Sells 63,000 SQFT 100 Redwood Shores Parkway in Redwood City for $16.5MM, 64% Below Assessed Value
A restructured Office Properties Income Trust has unloaded a mostly empty four-story Class A building in Redwood Shores for about a third of...
ProspectHill Group Pays $22MM for Lattice Semiconductor-Leased 99,000 SQFT R&D Building in North San Jose
ProspectHill Group has paid $22 million for 2115 O'Nel Drive, a fully leased, 98,874-square-foot research and development building in North San Jose whose...
Davis Pays $17M for 65,000 SQFT San Jose R&D Building in Purchase From Office Properties Income Trust
Boston-based Davis paid $17 million for the roughly 65,000-square-foot R&D building at 51 Rio Robles in North San Jose, buying it from an...
Office Properties Income Trust Exits Bankruptcy With $714MM Debt Cut as Creditors Seize Control of Silicon Valley-Heavy REIT
A national office REIT with six Silicon Valley properties has emerged from Chapter 11 after a court-supervised restructuring that wiped out existing shareholders,...
SiTime Signs 13-Year Lease for 150,000 SQFT Former ServiceNow Campus in Santa Clara
The MEMS precision timing company, riding seven consecutive quarters of over 100% year-over-year growth in its data center business, secures a campus acquired...
Figure AI Leases 64,000 SQFT R&D Building at 3939 N. First St. in North San Jose Expansion
Humanoid robotics firm doubles down on North First Street corridor, adding specialized lab and manufacturing space adjacent to its existing headquarters campus Figure...
Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty
Office REIT seeks to shed $1 billion in debt through Chapter 11 restructuring, the latest sign of distress in commercial real estate Office...
Leasing Momentum in Sacramento’s Office Market Wavers Amid Economic Uncertainty
The Sacramento office market continues to grapple with headwinds in early 2025, as broader economic volatility and policy hesitations shape tenant behavior. According...
Four Corners Sells 27,000 SQFT Office Property in Sunnyvale for $11.5MM
By Kate Snyder An office property in Sunnyvale has traded hands. The asset was sold by an entity affiliated with Four Corners Properties...
Four Corners Buys 149,000 SQFT Office Property in Santa Clara for $21MM
By Kate Snyder Santa Clara’s commercial real estate market recently saw one of its properties change hands. Four Corners has closed on deal...
Office Properties Income Trust Stock Plummets Following Major Dividend Reduction
In a dramatic turn of events, Office Properties Income Trust (OPI) saw its stock plummet by a third of its value last week,...
Diversified Healthcare Trust and Office Properties Income Trust Mutually Agree to Terminate Merger Agreement
EWTON, Mass.--- Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) today announced that they have mutually agreed to terminate...
