Ellis Partners, Baupost Group Buy 637,000 SQFT Great America Commons in Santa Clara for $310MM

A San Francisco–Boston partnership paid 42 percent above the property's assessed value, a bet that wagers Santa Clara's office rebound has further to run. A partnership led by Bay Area real estate firm Ellis Partners and Boston hedge fund Baupost Group has acquired two South Bay office buildings for $310 million, sealing what stands as […]