What's Going To Happen To LinkedIn's Real Estate Now?

LinkedIn

The fate of LinkedIn’s real estate holdings remains an open question after Microsoft announced a $26.2B takeover of the professional social networking site.

Microsoft said it did not want to interfere with LinkedIn’s real estate or expansion plans in Mountain View, according to the Silicon Valley Business Journal.

Enderle Group president Rob Enderle predicted no major space consolidation will occur until late 2017, since acquirers generally leave things alone for the first year or so.

So it seems LinkedIn’s portfolio is safe for the time being. [SVBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Amazon Renews 300K SF Office Lease In Downtown San Francisco

Comcast Consolidates To 140K SF In Times Square

OPI Sells Vacant Philly Office Building For $42M

Landlords Are Pushing Rents In Houston's Split Office Market

California Real Estate Exec Charged In Child-Safety Sting

$1.1B Loan To Hudson Pacific, Blackstone Moves To Special Servicing

Office Leasing Posts Strongest First Half Since 2019

Tarrant County's Growth Is Making The Fort Worth Area Of The Metro More Attractive To Investors

PRP Buys Downtown Office Building From Tishman Speyer

BXP Signs On As Adviser For Downtown Oceanwide Development Site

Westwood Financial Acquires South Town Crossing II In Burleson: The DFW Deal Sheet

Charles Schwab To Invest $11.7M In Scottsdale Office Renovations