Emeryville is a city located in northwest Alameda Country in California.
The statement, on Sept 13, comes as the local San Francisco press reported that WeWork will be closing its co-working operation at the building.
According to the manager, the REIT is protected under the terms of its contract, which will cover the tenant’s monthly lease obligations through as far as end-2022.
As at 9.50am, units in Prime US REIT are trading flat at 86 US cents.
Photo: Prime US REIT