Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 1701 McCarthy Boulevard (the “Property”), a recently renovated R&D building located in Milpitas, California.
Comprising 33,684 square feet, the building is 100% leased to TE Connectivity (NYSE: TEL). The tenant has leased the Property since 2006 and recently invested nearly $4 million in HVAC, mechanical, and equipment improvements. TE Connectivity is a global industrial technology leader specializing in designing and manufacturing electrical and electronic components, serving a wide range of industries including automotive, aerospace, defense, medical, and energy.