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I saw that Fortress is getting warrants worth 4% of Theranos so I agree with your arrestment on both scenarios.
by hkmurakami 9y ago
I saw that Fortress is getting warrants worth 4% of Theranos so I agree with your arrestment on both scenarios.
- sjg007 9y agoTheir building off of Page Mill is probably worth a lot.
- CalChris 9y agoI'm certain they don't own 1701 Page Mill Rd and in fact, Stanford owned it previously. https://www.bizjournals.com/sanfrancisco/news/2017/01/04/kilroy-realty-krc-theranos-palo-alto-stanford.html https://www.bizjournals.com/sanfrancisco/news/2017/01/04/kil...
- hkmurakami 9y agoThat lot used to house the old WSJ office. Which I find poetic given that the journal was the one that broke the Theranos story.
- tylerlh 9y agoKilroy Realty purchased the property in January along with an adjacent property for $130m. Stanford owns the land and does long term ground leases.
- LolWolf 9y agoStanford continues to own the land—I think they almost exclusively lease it (even if it is long-term).
- hkmurakami 9y agoStanford Research Park https://en.wikipedia.org/wiki/Stanford_Research_Park https://en.wikipedia.org/wiki/Stanford_Research_Park
- DonHopkins 9y agoThe Desk Depot guy in Mountain View is probably chortling and rubbing his hands together in anticipation.