By Blau Journal –
International acclaimed developer, Kylli Inc.’s full scale, ground up development project in the Bay Area: Burlingame Point, recently broke ground, on cue to become one of the largest office development sites in the history of the Peninsula real estate market.
The Burlingame Point office/R&D campus is located at 300 Airport Boulevard, Burlingame, California, situated on the Burlingame Waterfront, and will incorporate the world’s best design and technologies in a modern corporate campus.
Partners on the project include commercial real estate firm, Cushman & Wakefield, world renowned architect Gensler, and Hathaway Dinwiddie construction.
“Our vision is that Burlingame Point will not only be a world class destination for some of the Bay Area’s brightest minds to innovate, but it will serve as a catalyst for the region. Bringing new technology and life science companies that will lead the next generations of thinkers into the new century.
As a result, we see the Burlingame Waterfront as the new center for Bay Area business, with many new and inspiring real estate project to follow,” said Mr. Xueqin Den, President-Kylli.
Q&A Mr. Xueqin Den (President-Kylli)
Why did Kylli choose to invest in Burlingame Point?
“The Burlingame Point development project was a rare opportunity to acquire a large-scale office and R&D development site on the Burlingame waterfront. Our investment approach is focused on best-in-class real estate opportunities in growth markets. We feel that the project site provides a one of a kind location, where Kylli’s vision of building a dynamic campus will create a destination location. Burlingame Point will become the new landmark for the Burlingame community.”
What are you goals and expectation for the Burlingame Point Campus?
“Our focus is to build high quality, best in class projects that are rich in amenities, beautiful architecture and landscaping to ensure that we can provide the best environment for Bay Area life science and technology companies to succeed. The Kylli group of companies has a diverse mix of services that can go above and beyond the typical landlord tenant relationship.”
What are Kylli’s plans for future investments?
“We established our presence in the Bay Area market with the acquisition of 225 Bush Street in San Francisco and now with the Burlingame Point development. Our strategy is to focus on acquiring select, large scale real estate investment projects in gateway markets like the Bay Area. Kylli has established the Bay Area as its home, therefore we expect to become a long-term fixture in the Bay Area real estate community.”
According to Mike Moran, Managing Principal, Cushman & Wakefield in Burlingame, The Burlingame Point project is the marquee next generation development in the Silicon Valley market.
“The San Francisco Bay Area is the leader in today’s disruptive technology and life science environments. Burlingame Point is attracting these institutional quality tenants who are looking for a cutting edge workplace in an exceptional environment. “We offer a scale and location that are unparalleled by other area projects and accordingly are seeing activity from local, national and international firms,” Mr. Moran said.
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