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Shares of PG&E Corporation (NYSE: PCG) rose as much as 3.11% on Monday after the California utility company disclosed plans to sell its San Francisco headquarters to Hines Atlas US LP for $800 million and return up to $420 million back to its customers. What Happened: The sale is part of the. Read More. ....
Pacific Gas & Electric Co. (NYSE:PCG) - What's Going On With PG&E Stock? benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Eaton Corporation, PLC Ordinary Shares (NYSE: ETN) on March 2 hosted its annual investor conference in which management did a solid job of outlining its plan, according to Bank of America. The Analyst Bank of America s Andrew Obin upgraded Eaton s stock from Underperform. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: ....
PG&E agrees to sell San Francisco headquarters for $800M northbaybusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northbaybusinessjournal.com Daily Mail and Mail on Sunday newspapers.
PG&E to Sell San Francisco Headquarters for $800 Million Read full article Josh Saul and Noah Buhayar May 24, 2021, 8:52 AM·3 min read (Bloomberg) PG&E Corp. has reached a deal to sell its iconic San Francisco headquarters to real estate joint-venture Hines Atlas for $800 million as the utility giant moves to cut costs after it emerged from bankruptcy last year. PG&E, which plans to move to Oakland next year, needs approval from state regulators to sell the 1.7 million-square-foot (158,000-square-meter) complex, which includes 77 Beale Street and 245 Market Street, according to a statement Monday. The sale comes as office markets around the globe have been battered by the coronavirus pandemic. One broker estimated in 2019 that PG&E’s headquarters could bring in more than $1 billion. The utility giant is one of the most high-profile companies to leave San Francisco for Oakland, a less expensive city located across San Francisco Bay. ....