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    Kilroy Realty signed the global collaboration platform company to the 750,000-square-foot development, the largest deal of its kind ever executed in the Bay Area.

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    The firm plans to increase the property's parking ratio and modernize the asset located in Kearny Mesa. The submarket had the lowest vacancy rate of all Central San Diego’s R&D and industrial submarkets last year.

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    Arrowridge Business Park consists of four rear-load buildings totaling 194,560 square feet of space. The portfolio is currently 98 percent leased to a mix of 26 tenants.

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    Miss out on any CPE stories in October? Here are five of our most popular articles for the month, including news on billion-dollar development projects in Los Angeles and Chicago.

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  • $83M Medical Building Breaks Ground in El Paso

    The 219,900-square-foot facility designed by Perkins + Will will more than double the research capacity of the Texas Tech University Health Sciences Center El Paso campus.

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  • Economy Watch: Fitch Report Optimistic About CRE

    In its first annual U.S. Equity REITs Handbook, Fitch predicts continued positive property-level fundamentals across most asset classes in 2017. Industrial REITs and office REITs with properties in technology-focused markets should perform particularly well.

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  • Rubicon Sells LAX 596-Key Hotel Portfolio

    The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.

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  • DivcoWest Breaks Ground on 45-Acre Mixed-Use Project

    The company is re-launching the long-proposed Boston development site now known as Cambridge Crossing. In addition to office space, the development will have retail shops, an 11-acre public park and as many as 2,400 residential units.

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