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In the value-add acquisition overlooking Google's future campus, DivcoWest and Rockpoint bought stable in-place income that with a capital investment can be repositioned to appeal to a wide range of tenants.
Wall murals, signage, exhibits, displays and artistic expressions are now widely designed to communicate company values, history and culture to employees and potential recruits, Altitude Design's Greg Nelson tells GlobeSt.com.
The new two-story facility features an outdoor patio, walking path, employee café space, and an open floor plan to foster collaboration, innovation and open communication.
Blackstone's non-traded REIT is acquiring 146 warehouses from a Cabot Properties fund, marking the asset management giant's second $1-billion deal in the industrial sector in a little over a year.