NVIDIA Buying in Santa Clara?
Commercial Real Estate Investing, Notable Deals February 15th, 2008NVIDIA is rumored to be buying San Tomas Business Park from Harvest Properties. The 10-Building project on San Tomas Expressway right across from NVIDIA’s campus was picked up by Harvest and BlackRock Realty in late 2005 for roughly $205 per square foot.
The project encompasses 10 buildings of roughly 47K SF each spread across 24 acres. There is no confirmation of the deal or whether additional land or buildings have been rolled into the deal or when the deal is slated to close.
This deal comes about a year after NVIDIA killed negotiations to acquire a Class A highrise in downtown San Jose from Sobrato that ultimately ended up getting acquired by BEA Systems.
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Loading ...Tags: 95050, BEA, BlackRock Realty, Harvest Properties, NVIDIA, Office Space, San Tomas Business Park, Santa Clara, Sobrato
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March 1st, 2008 at 2:14 am
[...] approximately 475K SF of Office Space and land from Harvest Properties in Santa Clara by NVIDIA. We previously reported on the purchase back on February [...]