Home Commercial Morgan Stanley Real Estate Investing Buys KLA-Leased 189,000 SQFT Milpitas R&D Building for $84.1MM
CommercialFinanceINDUSTRY news

Morgan Stanley Real Estate Investing Buys KLA-Leased 189,000 SQFT Milpitas R&D Building for $84.1MM

Share
Aerial view of south San Francisco bay area, Milpitas, California
Photo by Sundry Photography on iStock
Share

All-Cash Buyer Pays $444 per SQFT, Well Above the Silicon Valley R&D Average, for KLA’s Milpitas Data Center Hub A fund managed by Morgan Stanley Real Estate Investing has paid $84.1 million in cash for a Milpitas research building that semiconductor equipment maker KLA has turned into a data center and R&D hub, the latest […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Partner Content

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content


Recent Posts

Related Articles

Apollo Takes Two-Thirds Stake in $2B, 7,059-Unit UDR Apartment Portfolio Through $1.34B Joint Venture

UDR is moving 19 apartment communities into a $2 billion joint venture...

PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Canada's Public Sector Pension Investment Board and Nuveen Real Estate have launched...

Oberndorf Real Estate Management, The Bascom Group Acquire 117-Unit Museum Park Apartments in San Jose for $53.1MM

Oberndorf Real Estate Management is making its first California investment in more...