Cushman & Wakefield is pleased to present the exclusive opportunity to acquire the Altera San Jose Campus (the “Property”), a 4‑building, Class A Office/R&D project totaling 511,799 square feet on 24.8 acres, in the heart of Silicon Valley. The Property features heavy power, high‑quality steel construction, plentiful on‑site amenities, and is beautifully landscaped, enhancing the desirable campus feel.

The Property provides a rare combination of a long‑term NNN leased opportunity and a value‑add/repositioning opportunity. Upon close of escrow, Altera, Inc. will lease back Buildings 1 and 4 for ten years, at a market rent. Altera is a globally recognized and well‑capitalized technology company specializing in field‑programmable gate arrays (“FPGAs”) and advanced silicon solutions. Buildings 2 and 3 will be delivered vacant, with Building 3 featuring a full‑service cafeteria, meeting spaces, gym, and an auditorium that will be shared for the campus, offering an immediate repositioning and lease‑up opportunity in a market experiencing renewed tenant demand driven by AI, semiconductor, and cloud‑infrastructure growth.

The combination of stabilized credit tenancy in addition to meaningful upside via leasing or repositioning creates a compelling, risk‑adjusted return profile.