Silicon Valley Continues to Adapt to a Post-COVID Economy

SAN JOSE — A flurry of activity marked the beginning of the holiday season for Cupertino-based developer Hunter Properties. At a sale price of $275 million, Hunter Properties recently disposed of Phase I of Coleman Highline, a 1.75 million-square-foot mixed-use campus that will total eight office buildings, four amenity buildings, a hotel and retail space. Blackstone Real Estate Income Trust purchased Phase I of the project, comprising two office buildings totaling approximately 360,000 square feet that are fully leased to Roku for its world headquarters, an amenities building and a parking structure.
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