Bay Area's Life Science Construction Boom To Continue
With over 2M SF in demand for life science space, real estate companies are leasing up space as fast as they build it in the San Francisco Bay Area. South San Francisco continues to be a magnet for life science companies, and the top three life science real estate companies are all building major campuses.
What makes South San Francisco most receptive to life science development is its 40-year history of having life science within its city limits, according to BioMed Realty VP and San Francisco market lead Scott Altick, above.
“[City officials] know what…
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Shaping Silicon Valley: Top 5 Trends To Watch In 2017
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As Silicon Valley's innovative technologies revolutionize the way we live, the region itself is undergoing a transformation.
Home to the tech elite and generations of Bay Area families, the real estate community is coming together to collectively confront tough questions…
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Massachusetts PRIM Board Invests Big In Santa Clara Land Deal
The Massachusetts Pension Reserves Investment Management Board ended last year with a $112.3M investment in Santa Clara. PRIM and the Santa Clara Redevelopment Authority closed a deal last month for 21 acres and the related ground lease at 5451-5455 Great…
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Investment Partnership Leads To Big Acquisition In Cupertino
Madison Marquette recently partnered with Hana Financial Investment and Darby Hana to acquire De Anza Plaza in Cupertino. De Anza Plaza is an 83,959 SF trophy office complex at the corner of De Anza and Stevens Creek boulevards. It consists of two…
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The Real Estate Behind The World's Largest Sovereign Wealth Funds: China Investment Corp
Sovereign wealth funds are boosting their investments in commercial real estate to diversify their portfolios and boost yields. China Investment Corp, the world's second-largest sovereign fund, manages about $814B worth of assets, according to the Sovereign Wealth Fund Institute, and has been upping its property investments as part of its long-term strategy. As of July 2016, the firm has made more than 40 real estate investments in North America, Europe, Asia and Oceania, resulting in an inflow of $10.6B. Bisnow previously brought you to the real estate of Norway's sovereign fund, now let's check out what CIC has bought in the past 24 months.
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Experts Raise 2017 Economic Outlook, Buoyed By Trump's Plans For Fiscal Stimulus
Americans are optimistic about President-elect Donald Trump's future impact on the economy, and experts agree.
All signs point to a strong economic outlook in 2017 as US gross domestic product, inflation and interest rates are all poised to increase this year.
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