Sunday, 18 October 2020

Blackstone buys Roku’s Silicon Valley office buildings

A few months after making a blockbuster deal in Hollywood, Blackstone Group is making another big bet on streaming video with the purchase of a San Jose office property leased to Roku. Blackstone’s non-traded real estate investment trust, BREIT, will pay $275 million, or around $770 per square foot, for two buildings in the Coleman Highline development, Bloomberg News reports. Roku moved its headquarters to the property last year and has nine more years on



source https://therealdeal.com/2020/10/18/blackstone-buys-rokus-silicon-valley-office-buildings/

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