Mathilda Place in Sunnyvale Sold
November 14, 2007
Mozart Development has sold Mathilda Place to JP Morgan Asset Management. The sales price is reported to be $270 million dollars ($575 psf) and represents a 4.5% cap rate.
The property is a three-building, 472,500 SF office campus sitting on 2.25 acres in the Sunnyvale Town Center. The project was constructed in 2002 and includes 4-levels [...]