
Facebook Takes Entire 800K SF at Peninsula’s Burlingame Point
Facebook signed a lease for roughly 803,000 square feet at Burlingame Point, a new office project being developed by Kylli, a wholly-owned subsidiary of China-based Genzon Investment Group Co., Ltd. The social media giant is taking the entire project that’s situated on 18.13 acres on the edge of the San Francisco Bay.
Burlingame Point is the first Class A office campus developed by Kylli in the Bay Area. The development is slated to deliver in 2020.
Cushman & Wakefield’s Mike Moran and Clarke Funkhouser represented the landlord, while JLL represented the tenant.
Funkhouser said, “Now that construction is well underway, it is more evident that this project will be an exceptional example of the forward-thinking of both Kylli and their world-class team of partners. Believed to be one of the largest lease transactions ever on the San Francisco Peninsula, the project scale, location and quality were all factors that helped to solidify this lease.”
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