Address: 475-525 Sycamore Drive
Year Built: 1983
Building SF: 213,519 SF
Purchase Price: $45.5 million
Closing Date: August 14, 2020
Projected Hold Period: 3 Years
Premier campus of three office/ R&D buildings located in the heart of Silicon Valley.
- Institutional quality real estate with ease of access from I‐880, Hwy ‐101, SR‐237 and Montague Expressway;
- Strong existing rent roll with staggered lease roll and credit tenancy;
- In‐place contract rents are approx. 60% below market rates;
- Excellent regional market fundamentals, The Bay Area and Silicon Valley specifically is one of the most vibrant economies in the nation.