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The center, which will be based on the university's campus in Urbana-Champaign, will serve as a global hub for the technology that will drive the manufacturing plants, medical environments, autonomous vehicles and smart homes of the future.
When complete, CityLine Sunnyvale will feature new residences, retail/entertainment and office space planned across 36 acres in downtown along with a new Whole Foods Market and AMC Theaters nearby.
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.
This 9.08-acre acquisition by Prologis, within 10 minutes of San Jose's airport, near downtown and with access to the South Bay's major freeways, makes it an ideal candidate to fill some of the last-mile demand.
In this EXCLUSIVE, SVMG's Michael Shields discusses the hiring of Chip Trimmier and Ting Liu, the downsides to rent control, the benefits of multifamily investing and the influence of international investors.
Stanford University is working to shape part of Stanford Research Park into a leading life science district focused on bioengineering, gene therapies, diagnostics, medical technology, surgical robotics, and digital health.
During the last decade, the biggest difference for Oakland is institutional ownership gaining interest in new construction within the city, says Stephen Jackson, first vice president with Marcus & Millichap.
Strada Investment Group and the California State Teachers' Retirement System have entered into a new programmatic joint venture with a CalSTRS-approved initial allocation of $300 million of equity capital.
San Francisco continues to be the top-performing tenant and investment market in the United States and office sales volume is on pace to match or surpass the $8.45 billion record established in 2007.
CIM Group has topped out on 1150 Clay, a 16-story 288-unit apartment building located between 11th and 12th streets in downtown, which is anticipated to be completed in spring 2020.