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Blackstone Pulls Out of $405 Million Uptown Oakland Purchase

City Loses Another Major Deal After Investor Decides to Retreat From Sale
New York City-based Blackstone, which was preparing to purchase the Uptown Station office project in downtown Oakland for $405 million, will no longer follow through with the sale. (CoStar)
New York City-based Blackstone, which was preparing to purchase the Uptown Station office project in downtown Oakland for $405 million, will no longer follow through with the sale. (CoStar)
CoStar News
April 2, 2020 | 12:57 AM

Another Oakland, California, office project was dealt a blow this week after it was reported private equity giant Blackstone backed away from its planned $405 million purchase of the Uptown Station project.

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