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Palo Alto Office Builder Goes Big | Real Estate News
A bold move in Palo Alto: Smith Development’s Boyd Smith is betting big on a 60,000-square-foot office tower near a Caltrain station, despite lingering uncertainty about remote work. With lenders warming up to office investments and rents in Palo Alto soaring at $8.47/sq ft — nearly double the Silicon Valley average — Smith is confident the market’s strength will make this project a winner, aiming for completion by late 2028. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary…
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