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SAN FRANCISCO—Airbnb‘s corporate headquarters, a 445,000-square-foot, class-A office building located at 888 Brannan St. in San Francisco’s South of Market submarket has been acquired by TIAA-CREF, a financial services organization and manager of institutional tax-exempt real estate assets. In a joint venture with partner, Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global, Norges Bank has acquired a 49.9% stake while TIAA-CREF will own a 50.1% interest and manage the property on behalf of the partnership.

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