A portfolio acquisition valued at nearly half a billion dollars is setting the stage for another blockbuster year in Silicon Valley's life science real estate sector, with developers and investors eager to pay top dollar in the already pricey market to capitalize further on anticipated growth.
Alexandria Pays Nearly Half a Billion Dollars To Expand Foothold in Pricey Silicon Valley Suburb
Global REIT Acquires Palo Alto, California, Office Buildings Slated for Life Science Conversion
By Katie Burke
CoStar News
January 11, 2022 | 12:15 AM
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- 3 Embarcadero Place
2300 Geng Rd, Palo Alto, CA
- Companies