Ivanhoé Cambridge Acquires 73 Office Buildings in Silicon Valley with Partners TPG and DivcoWest Montreal, Quebec, March 20, 2013 – Ivanhoé Cambridge continues to develop its U.S. office portfolio and announces an investment in California’s Silicon Valley region through the acquisition of 73 office buildings in partnership with affiliates of TPG and DivcoWest, who jointly led the transaction which closed in late December 2012. This opportunistic investment provides the partners with immediate access to 6.4 million square feet of leasable space with a very attractive potential long-term … [Read more...]
Archives for March 2013
Nvidia to Build Silicon Valley’s Latest Wonder
The 250,000-square-foot floor plans envisioned for Nvidia’s new Santa Clara campus take to another new degree the rising corporate emphasis in the Bay Area on creating idiosyncratic workspace to fit specific business needs. Electronic circuit-maker Nvidia Corp. said Feb. 20 that it intended to build a one million square-foot corporate headquarters expansion in two triangular buildings on a 24-acre site across from its existing campus at 2701 San Tomas Expressway. Read the full story at The Registry here. … [Read more...]