Regions Southwest
Bioscience Firm Plans to Double Foster City Campus to 1.2MSF
May 5, 2008

Gilead Sciences Inc. is making big expansion plans at its Foster City compound, the San Francisco Examiner reports. According to city Planning Commission records, Gilead is seeking the green light to increase the size of its 17-building campus of office and laboratory space from about 630,000 square feet to 1.2 million square feet. The biopharmaceutical company acquired the property from Equity Office Properties Trust for $123 million in 2003, when it consisted of 16 buildings with an aggregate 500,000 square feet.


 
Recent Southwest Headlines
Colonial Properties Trust Sells 5 Apartment Communities for $82M
July 03, 2008
Colonial Properties Trust, a multi-family-focused REIT, is continuing its plan to dispose of older assets by selling five apartment communities in two transactions for a total of $81.8 million. The buyer or buyers were not identified.
vegas World's Tallest Timeshare Tops Off in Vegas
July 03, 2008
The $1.2 billion PH Towers by Westgate in Las Vegas has reached a pivotal point in development with the attainment of the highest point of vertical construction. Located at the Planet Hollywood Resort & Casino, the upscale 52-story PH Towers (pictured) will be the tallest timeshare building in the world.
vegas LA Developer Partners with Vegas Officials for Museum, Hotel Redevelopment
July 03, 2008
Less than a year after entering the Las Vegas market with the acquisition of the Lady Luck Hotel and Casino, Los Angeles-based CIM Group won a deal with the city to develop land adjacent to the planned Mob Museum in the city’s historic Post Office Block.
CBRE Investors Snaps Up 1MSF Suburban Dallas Office
July 02, 2008
Acting on behalf of its Strategic Partners U.S. 5 fund, CB Richard Ellis Investors has just acquired The Colonnade, a 1 million-square-foot office property in Addison, Texas.
Holliday Fenoglio Arranges $23M Construction Loan for Houston Office Development
July 02, 2008
The Houston office of Holliday Fenoglio Fowler L.P. arranged a $23.5 million construction loan for a speculative class A, 180,000-square-foot office development in The Woodlands, Tex.