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South Bay Realestate News – KBS REIT II Pays

January 14th, 2009 05:00am

KBS REIT II Pays $35.7M for NetGear HQ
KBS REIT II closed on its purchase of the headquarters building of NetGear Inc. in San Jose, CA, from Equity Office for $35.7 million, or about $250 per square foot.NetGear, a networking company, fully leases the 142,700-square-foot flex building…

Most Read South Bay News Stories of 2008
Each week, CoStar's Research Analysts and News Team research the latest deals and report on major leases and building sales, new construction and deliveries, new hires and promotions, and changing trends in market conditions — and publish them on our…

IN THE PIPELINE (Jan. 4-10, 2009): Latest Construction Numbers Surprise Economists
In The Pipeline returns from a brief holiday hiatus — Happy New Year. 2009 kicks off with at least a measure of good news out of the U.S. Commerce Department, which reports that nonresidential construction spending showed unexpected staying power in…

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