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Real Estate Rumors: WP Carey, Verve Wireless, Clarion

By Andrew McIntyre (April 25, 2016, 11:39 AM EDT) -- REIT W.P. Carey Inc. is under contract to sell Advanced Micro Devices Inc.'s 319,000 square-foot campus in Sunnyvale to The Irvine Co., according to a report on Friday from the Silicon Valley Business Journal that cited sources with knowledge of the matter. The deal is for 1090 E. Duane, and Irvine may look to build hundreds of residential units at the site, according to the report. AMD is also looking for 175,000 to 225,000 square feet of space at another property, the journal said....

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