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a Blackstone to sell Equity Office Silicon Valley portfolio to Hudson Pacific for $3.5 billion

2014-12-08 09:19:12| Real Estate - Topix.net

In a stunning $3.5 billion deal, Blackstone Group LP is selling its Silicon Valley portfolio - a mammoth 8.2 million square feet managed under the Equity Office Properties flag - to Hudson Pacific Properties, a Los Angeles-based real estate investment trust, the Wall Street Journal reported Sunday night . The deal, which is not yet closed, marks the end of an era in Bay Area real estate.

Tags: office sell valley pacific

Category:Real Estate

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