Login

All-cash Silicon Valley office deal signals return of major institutional investors

Norges Bank Investment Management teams up with DivcoWest on two-building campus for $222 million
Clarion Partners initially acquired the Sand Hill Commons office campus in Menlo Park, California, in early 2006 and later sold a share to Invesco Advisers. (CoStar)
Clarion Partners initially acquired the Sand Hill Commons office campus in Menlo Park, California, in early 2006 and later sold a share to Invesco Advisers. (CoStar)
CoStar News
November 4, 2024 | 10:05 P.M.

An office campus in California's Silicon Valley has attracted the attention of the world's largest sovereign wealth fund, resulting in a blockbuster deal that serves as the latest sign of recovery for the hard-hit region.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE