Menlo Park sites leased to Facebook get half-billion-dollar investment

  • 📰 mercnews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

A big-time real estate investor has bought a stake in a large tech campus in Menlo Park that’s leased to Facebook in a deal worth well over a half-billion dollars.

MENLO PARK — A big investor has bought a stake in a large office campus in Menlo Park that’s leased to Facebook in a deal worth well over a half-billion dollars, according to federal and local public documents.

An affiliate of Canada-based Brookfield Asset Management, a big real estate investment firm, bought a 49% interest in the tech campus, according to a public property document filed on Nov. 30 with the San Mateo County Recorder’s Office. Facebook had previously struck a deal to rent the entire tech campus, which has addresses of 100 Independence Drive, 101 Constitution Drive and 155 Constitution Drive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 88. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines