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Stock impact report

Big Tech Bets Big On Silicon Valley: LinkedIn's New $75 Million Office Space Is a Shot In The Arm For The Area's Office Real Estate [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
LinkedIn, the employment and networking social media juggernaut, has just closed a $74 million deal to purchase a 120,000-square-foot property in Sunnyvale, California, CoStar reports. This represents a vote of confidence for Silicon Valley's office real estate , which has yet to fully recover from the pandemic-induced remote working phenomenon. The property, located at 1022 W. Maude Ave, was previously owned by another tech company, Synopsys (NASDAQ: SNPS ), which purchased it almost seven years ago but needed to sell it to adapt to a leaner post-pandemic holding strategy. Don't Miss: This investment company boasts a 33.85% internal rate of return (IRR) for its realized projects, allowing accredited investors to earn passive returns and avoid the headaches of being a landlord. ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. “We actively manage our Show less Read more
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