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This disruptor should not catch the real estate industry by surprise says the CEO of the transportation information company TransitScreen in a GlobeSt.com interview.
The seller was Drawbridge Realty, which acquired the property in 2013 and performed a complete redevelopment including new common areas and taking the building back to shell condition.
Carrying occupancy growth into the first quarter, nine new office leases totaling 212,355 square feet have been inked recently at Bishop Ranch, with the majority from firms moving from other Bay Area markets.