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Silicon Valley R&D Portfolio
Asset ClassIndustrial, Office
Call for Offers: June 12th | 3 R&D Projects Comprising 6 Buildings, 257,453 SF | Offered for Sale Together or Separately

Overview

Cushman & Wakefield is pleased to present the opportunity to acquire the Silicon Valley R&D Portfolio. Offers will be considered on individual Projects or for the combined portfolio. The combined portfolio is three projects, comprising 257,453 square feet in six buildings which are 70% leased overall.

  • 6385-6387 San Ignacio Ave and 6541 Via Del Oro comprises 67,724 square feet in two single-story R&D buildings on a ±4.4-acre parcel, and is 63% leased to four tenants including manufacturers Modutek Corporation and AKM Semiconductor.
  • 140 Great Oaks Blvd and 160 Great Oaks Blvd comprises 107,700 square feet in two single-story R&D buildings on a ±7.23-acre parcel, and is 75% leased to advanced manufacturing tenant Watlow Electric Manufacturing Company.
  • 180 Great Oaks Blvd and 6850 Santa Teresa Blvd is 70% leased and comprises 85,029 square feet in one single-story R&D and one two-story office building on a ±5.061-acre parcel. The office building is 87% leased to a combination of R&D and office tenants with the 2nd floor completely occupied by Unitek College, on a long-term basis. Unitek College recently expanded into 41% of the single-story R&D building.

This opportunity combines tenant stability, geographic advantages, and a desirable product type – offering investors in-place cash flow with future leasing upside.

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Investment Highlights

  • Highly sough after, functional R&D product
  • Substantial discount to replacement cost
  • Low capital requirements
  • Infill location with significant new residential and retail development
  • Proximity to labor pool and housing
  • Immediate freeway access, transportation, and amenities

PROJECT SUMMARY

6385-6387 San Ignacio & 6541 Via Del Oro
140 & 160 Great Oaks
180 Great Oaks & 6850 Santa Teresa
Total Net Rentable Area
67,724 Square Feet
104,700
85,029
Stories
One
One
Two and One
APN
706-02-034
706-02-026
705-02-025
Acreage
±4.4
±7.2
±5.0
Parking
3.9/1,000 SF (264 Spaces)
3.1/1,000 SF (323 Spaces)
3.6/1,000 SF (308 Spaces)
Loading
6 Grade Level
4 Docks, 2 Grade Level
3 Docks, 3 Grade Level
% Leased
63%
75%
70%
No. of Tenants
4
1
3
WALT
±3 Years
±2 Years
±6 Years
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6385 San Ignacio AveSan Jose, CA 95119

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Listing provided by Revere CRE