Burlingame Point Finalizes Lease with Facebook for 803,000 SF Campus

Photo Credit: Doug and Wolf BURLINGAME, Calif., January 15, 2019 – Cushman & Wakefield announced today that Burlingame Point, a brand new approximately 803,000-square-foot (sf) office campus currently under construction in Burlingame, California, has finalized an agreement with Facebook to lease the entire project. Situated on 18.13 acres on the edge of the San Francisco Bay, Burlingame Point is a best in class office development by Kylli, a wholly-owned subsidiary of China-based Genzon Investment Group Co., Ltd. Facebook first publicly announced the lease was in negotiations to the City of Burlingame Planning Commission in August and the lease was fully executed shortly thereafter in the fourth quarter of 2018. Mike Moran and Clarke Funkhouser of Cushman & Wakefield represented Kylli in the transaction. JLL represented the tenant. Moran said, “We couldn’t be more excited that one of the world’s leading technology firms has selected Burlingame Point to expand [...]

Wake Up, Millennials! What You Should Know About Social Media ROI and Generating Awareness

    By Mike Kirner Senior Marketing Associate Northern California Thank You for Sharing I would like to thank the C&W brokers and administrative staff and followers of C&W on Linkedin and Twitter for reposting, sharing and helping to increase both our brand awareness and our ROI (Return on Investment).  The C&W corporate LinkedIn page has recently eclipsed 100,000 followers. This is a milestone that is not easy to achieve. Speaking of milestones, a group of brokers ( Dan Johnson, Danny Pickard, Steve Llevano, Anthony Rosetta and Garret Mills ) came to me recently and requested monthly social media basics training. My answer was BOOM.....that's what I'm talkin' about. Along with blogging, LinkedIn is my personal favorite social tool, because it is an effective, easy way to enhance your online professional profile and to promote yourself and/or your team's accomplishments. Often, before anyone does business with you, they will Google you. It [...]

Facebook Likes Menlo Park

By Sethena Leiker Data Center Specialist Senior Analyst – Specialty Practice Groups Research Growing Like Geng Busters Facebook’s humble beginnings are similar to many Silicon Valley startups.  The company's very first offices were located in a modest 3,000-sf class B office space on Geng Road in East Palo Alto. With a robust network of venture capitalists and a deep talent pool stocked with Stanford graduates, Palo Alto was an ideal trophy location to maximize success potential. Doubling Down For years, the city of Palo Alto has enjoyed a reputation for nurturing young companies such as Google, Pinterest, Intuit and many others, and subsequently watching them take an accelerated rate of growth just outside its city limits. And Facebook did just that. After growing to 500,000 sf in Palo Alto, Facebook doubled down in Menlo Park in February of 2011, through a 1,022,000-sf acquisition of the Sun-Oracle campus for $81M. The very [...]