Newmark Capital Markets, as the exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 691 S Milpitas Boulevard (“The Property”). The Property presents a compelling opportunity to acquire a well-leased, multi-tenant office/R&D property located in one of Silicon Valley’s most supply constrained and employment driven submarkets. The property contains approximately 106,676 rentable square feet and is currently 86% leased, providing immediate, durable income with limited near term vacancy exposure.

The rent roll offers meaningful flexibility for a buyer to re-tenant, restructure, or accommodate owner user occupancy over time, while continuing to benefit from strong in place cash flow. This dynamic position is particularly well suited for owner users seeking partial or phased occupancy, allowing a purchaser to offset ownership costs with existing income while taking advantage of a good tax position.