Swift Realty Sees 200 Basis Points Shift in Future Cap Rate on Recently Acquired Silicon Valley Portfolio

By Jon Peterson San Francisco-based Swift Realty Partners believes that it can improve its cap rate by 200 basis points on an office building portfolio it recently acquired in Santa Clara and Sunnyvale from San Francisco-based DivcoWest Properties. “The cap rate on the acquisition of the portfolio was 7.5 percent. This yield is based on […]