Lionstone Group Purchases Page Mill Hill For $95M

Houston based Lionstone Group has purchased Page Mill Hill for roughly $510 psf. The 181,000 square feet projects sits on a ground lease from Stanford University and is located at 1801-1891 Page Mill Road in Palo Alto. This acquisition marks Lionstone’s first foray into Silicon Valley. The firm has partnered with pension fund CalSTRS to place roughly $200M of capital.

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