Post by High Priestess on Oct 5, 2015 0:04:33 GMT
Peter shared in July 2015
8 reasons Airbnb’s HQ sold for more than $300 million
"It turns out that pension fund TIAA-CREF has agreed to pay about $312
million, or about $700 a square foot, for 888 Brannan St. That delivers a
69 percent return for Boston-based Beacon Capital in just over a year."
"Airbnb’s lease runs through December 2023, when it will be paying about
$14 million in rent due to 3 percent annual increases built into its
lease."
Click here bit.ly/1SpMEW4 for BizJournals article.
My two cents: At $64 a square foot in rent, my two cents would not be able to afford enough space for a flea.
Keith:
$64/sq ft is pretty high .. That's embaracdero center pricing. Yipes. Well as long as they keep serving hard apple cider I'm happy to keep visiting HQ.
Jordie:
my personal faves are the paleo treats served up fresh each afternoon in a few of the break rooms!
8 reasons Airbnb’s HQ sold for more than $300 million
"It turns out that pension fund TIAA-CREF has agreed to pay about $312
million, or about $700 a square foot, for 888 Brannan St. That delivers a
69 percent return for Boston-based Beacon Capital in just over a year."
"Airbnb’s lease runs through December 2023, when it will be paying about
$14 million in rent due to 3 percent annual increases built into its
lease."
Click here bit.ly/1SpMEW4 for BizJournals article.
My two cents: At $64 a square foot in rent, my two cents would not be able to afford enough space for a flea.
Keith:
$64/sq ft is pretty high .. That's embaracdero center pricing. Yipes. Well as long as they keep serving hard apple cider I'm happy to keep visiting HQ.
Jordie:
my personal faves are the paleo treats served up fresh each afternoon in a few of the break rooms!