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DivcoWest Raises $2.25B, Largest Fund To Date
San Francisco-based DivcoWest held the final closing of its latest value-add real estate investment fund, DivcoWest Fund VI. The fund targeted $1.5 billion in capital commitments and was oversubscribed, closing at roughly $2.25 billion in capital commitments.
DivcoWest Fund VI will primarily pursue the acquisition of existing value-add life science, R&D and office properties in U.S. innovation markets, with the objective of investing additional capital to create workplace environments which appeal to future tenant demand.
DivcoWest’s Stuart Shiff says, “Like our tenants, we constantly have to innovate. Through the current volatility, and leveraging on our team’s experience, we believe we have an opportunity in Fund VI to capitalize on dislocations and explore and transform the markets where we do business.”
The fund launched in October 2019 and held its final closing on September 30, 2020. DivcoWest Fund VI investors include domestic public and corporate pension funds, insurance companies, sovereign wealth funds and high net worth individuals.
For comments, questions or concerns, please contact Dennis Kaiser
*Pictured DivcoWest’s 2 West Santa Clara in San Jose
- ◦Sale/Acquisition



