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In December 2014, the company sold its portfolio in Silicon Valley to Hudson Pacific Properties for $3.5 billion. [14] In 2015, the company acquired the Willis Tower for $1.3 billion. [15] In 2017, the company sold a property in San Jose, California for $82 million. [16]
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Hudson Capital was reformed as Hudson Pacific Properties in 2009 [3] [1] and on June 29, 2010, the company became a public company via an initial public offering. [1] In December 2014, the company acquired 26 properties in Northern California from The Blackstone Group's EQ Office for $3.5 billion. [5]
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PAE was founded in California in 1955 by Edward Shay, an American engineer who had worked in Japan during the occupation of Japan; its earliest business deals involved property development in Japan. [ 4 ] [ 7 ] Shay continued as chair, CEO, and sole shareholder of PAE until 1974 when 40 percent of the company was sold to an employee stock ...
Fairmont Hotels & Resorts is a global chain of luxury hotel that operates more than 70 properties worldwide, with a strong presence in Canada. [1] The company originated from two hotel businesses established in the late 19th century, the Canadian Pacific Limited-owned Canadian Pacific Hotels & Resorts, and Fairmont Hotels. In 1999, Canadian ...