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Boston Properties, Canada Pension Fund Partner on Large San Jose Office Campus Project

CPPIB will have a 45% ownership interest in the Platform 16 joint venture. Boston Properties will retain the remaining 55% ownership stake and provide development, property management and leasing services.

Platform 16 is a 1.1 million-square-foot class-A office project that is adjacent to Google’s transit village (credit: TMG Partners)). Platform 16 is a 1.1 million-square-foot class-A office project that is adjacent to Google’s transit village (credit: TMG Partners).

SAN JOSE, CA—Boston Properties, Inc. and Toronto-based Canada Pension Plan Investment Board have formed a joint venture to develop a 1.1-million square-foot office campus near Diridon Station in Downtown San Jose.

The two firms report that construction on the three-building office campus could begin in the next six months.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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