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Facebook Likes 767K SF at $300M Burlingame Point

Menlo Park, CA-based Facebook is taking 767,000 square feet at Burlingame Point, an under-construction 18.1-acre development in the Bay Area’s Peninsula market scheduled for completion next July. The $300-million project at 300-333 Airport Blvd. is being developed by Kylli, a subsidiary of China-based developer Genzon Property Group.

Facebook’s nearly 50% workforce growth over the past year has led to rapid Bay Area space expansion, which has ballooned to more than seven million square feet. That includes taking more than one million square feet in Fremont in June, taking all 760,000 square feet at the Park Tower at Transbay in San Francisco, as well as deals in Mountain View and Sunnyvale.

Cushman & Wakefield’s Mike Moran and Clarke Funkhouser are negotiating on behalf of Burlingame Point. Facebook’s Oculus group is the likely tenant.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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