Publications

APRIL 23, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Cushman & Wakefield arranges $515m financing for new Bay Area office campus

by Released

Cushman & Wakefield has served as the exclusive adviser to Kylli in the procurement of $515 million in financing for Burlingame Point, a brand-new, state-of-the-art, 803,000-square-foot office campus in Burlingame, Calif.

The construction financing was provided by J. P. Morgan and Starwood Property Trust.

Burlingame Point is currently fully leased to Facebook, Inc. for occupancy by Oculus, Facebook’s virtual reality company. The campus is expected to be completed in 2020.

“The market for construction and transitional financing has been bursting at the seams over the past year with well-located office development for world-class technology, biotechnology and life science companies on the radar of more lenders and investors,” said Steve Kohn from Cushman & Wakefield, who led the team. “Special projects l

Forgot your username or password?