Kylli Inc. has obtained construction financing for Burlingame Point, a new 803,000-square-foot office campus that is fully leased to Facebook Inc. for occupancy by Oculus, Facebook's virtual reality company.

River South is an office development totaling 360,860 square feet with 37,000-square-foot average floorplates to accommodate high-density users, five levels of subterranean parking and a fitness studio.

The two-story facility is located at the corner of Maple Street and Avenue A, just east of the Business Leadership Building, and will be approximately 36,400 gross square feet with seating to accommodate 700 guests.

Demand is not only from e-commerce, but also for oil patch and construction firms seeking to serve the growing 16 million population within 200 miles of Houston as well as the global energy industry.

When 2821 ECR came to Palo Alto Housing's attention, San Mateo Co. was in the midst of re-zonings for the North Fair Oaks area, including meetings upon which the PAH could build, GlobeSt.com learns in this <b>EXCLUSIVE</b>.

Occupiers are continuing to demand high-quality office space as evidenced by a total of 2.1 million square feet of class-A leasing activity in first quarter, accounting for 69.6% of all leasing for the quarter.

The first quarter of 2019 picked up where 2018 left off, with significant positive absorption, asking rents staying in line with expectations, and construction continuing at a record pace, according to a JLL report.

Regis Homes' condo development, the Ashton, has pledged to donate $37,000 to SchoolForce, the Belmont-Redwood Shores Public School Foundation, to improve students' access to vital programs.