Prime Single Tenant
Prime ST - HQ @ FIRST
PURCHASE PRICE
$535M
SIZE
603,666 SF
LOCATION
North San Jose, CA
ACQUISITION DATE
Q3 '21

Investment Highlights

  • 2010-vintage, trophy technology campus consisting of three highly amenitized office buildings, including 60k SF in lab space, and a parking garage with 1,600+ spaces in Silicon Valley's North San Jose submarket
  • Property holds a LEED Gold certification and offers direct access to the Silicon Valley's premier global technology corridor, transportation infrastructure and best-in-class retail
  • 100% leased on a long-term basis to an investment-grade rated, leading publicly traded technology company
  • Property serves as the center of the tenant's strategic West Coast footprint and is important to its long-term business

(1) As of October 31, 2022.