Affiliates of Kylli Inc. recently obtained $750 million for the refinancing of Burlingame Point. The 9.3-year fixed-rate financing was provided by affiliates of Goldman Sachs, J.P. Morgan, Deutsche Bank and Athene Annuity & Life Company (via Apollo Global Management).
Burlingame Point is a new office campus located on the Peninsula. The LEED Gold-certified property features four class-A office/R&D/life science buildings totaling approximately 771,000 rentable square feet, a 33,000-square-foot amenity building and more than 2,300 on-site covered and surface parking spaces.
Cushman & Wakefield served as the exclusive adviser to Kylli in the procurement of the refinancing. The Cushman & Wakefield team of Steve Kohn, Chris Moyer, Terry Daly, Rob Rubano, Keith Padien, Alex Lapidus and Meredith Donovan represented the borrower. Cushman & Wakefield also advised Kylli on the construction financing of the asset in April of 2019. Mike Moran and Clarke Funkhouser of Cushman & Wakefield provided leasing market support.
Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.