Burlingame Point is currently fully leased to Facebook for occupancy by Oculus, Facebook's VR firm.
BURLINGAME, CA—Kylli Inc. has obtained construction financing for Burlingame Point, a new 803,000-square-foot office campus. Burlingame Point is fully leased to Facebook Inc. for occupancy by Oculus, Facebook's virtual reality company. The campus is expected to be completed in 2020.
The $515 million financing was provided by JP Morgan and Starwood Property Trust. Kylli was advised by Cushman & Wakefield.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
