Category: Bay Area

standard

Irvine real estate trust makes $700 million selling Bay Area business park to Google

An Irvine-based real estate investment trust held on to a bubble-era bet long enough to make it pay off: a roughly $700 million profit by selling a Silicon Valley business park to Google. HCP, a real estate investment trust better known for its healthcare properties, got $1 billion for Shoreline Technology Park in Mountain View. […]

READ ARTICLE