DIVCOWEST, TPG BUY MISSION WEST’S SILICON VALLEY PORTFOLIO

by admin

SAN FRANCISCO – A partnership between DivcoWest and affiliates of TPG Real Estate has purchased the majority of assets within Mission West Properties’ Silicon Valley portfolio. The purchase price was not disclosed. The 73-building portfolio contains 6.4 million square feet. Eastdil Secured, Morgan Stanley and Bank of America Merrill Lynch served as the partnership’s financial advisors, while Gibson, Dunn & Crutcher and Skadden, Arps, Slate, Meagher & Flom acted as legal advisors.

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