Berg to sell Silicon Valley real estate empire for $1.8B

July 17, 2007 | Matt Marshall | Comments |

Silicon Valley real estate giant Carl Berg has confirmed he is likely to sell his properties — including the buildings that house Apple, Microsoft and Fujitsu’s valley operations — to a private equity buyer for $1.8 billion. The Mercury News has the story.

Carl Berg, who has acquired more than 100 commercial properties, and is worth around $1 billion, said he’d remain active as a Silicon Valley financier. He has provided venture capital for about 100 companies, mostly technology start-ups, he estimates. See other Merc story.

[Image courtesy of Forbes]

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