Golden Triangle
San Jose Council Rejects Appeal, Clears Menlo Equities’ 20 MW Data Center Conversion at Nvidia-Leased 300 Holger Way
The San Jose City Council unanimously rejected a labor-backed environmental appeal of Menlo Equities' plan to convert the Nvidia-leased research building at 300...
Samsung Buys 68,000 SQFT R&D Building Near North San Jose Campus for $29.5MM
Samsung has bought a power-equipped R&D building near the Tasman light rail station in North San Jose as CBRE reports demand for Silicon...
Davis Pays $17M for 65,000 SQFT San Jose R&D Building in Purchase From Office Properties Income Trust
Boston-based Davis paid $17 million for the roughly 65,000-square-foot R&D building at 51 Rio Robles in North San Jose, buying it from an...
Preylock Buys EQT Exeter’s 491,000 SQFT The Assembly Campus in North San Jose for $268.3MM
Los Angeles-based Preylock has bought The Assembly, EQT Exeter's fully leased North San Jose campus that houses Figure AI's humanoid robot factory, for...
Morgan Stanley Real Estate Investing Buys KLA-Leased 189,000 SQFT Milpitas R&D Building for $84.1MM
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...
OpenAI Nears Deal for 70,000 SQFT Power-Ready San Jose R&D Facility
Silicon Valley data centers commanded $180 to $275 per kilowatt monthly in the second half of 2025, among the highest rates of any...
TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for Under $650MM
TMG and Grove step in as operating partners on a 140-acre, six-campus R&D platform even as vacancy climbs and per-square-foot pricing lags well...
Four Corners Properties Lands $67.4MM Bridge Loan to Redevelop 206,000 SQFT Forge North First Campus in San Jose
Four Corners Properties and an institutional partner have secured a $67.4 million bridge loan to fund the redevelopment of Forge North First, a...
San Jose Approves Menlo Equities’ 97,800 SQFT Data Center Conversion at Nvidia-Leased 300 Holger Way
City approval clears a low-friction path to new AI infrastructure — no rezoning, no new footprint, just a rewiring of space Nvidia already...
Blue Owl Lists SanDisk’s 578,000 SQFT Flash Memory HQ Campus in Milpitas Three Years After $192.5MM Sale-Leaseback
Blue Owl Capital has placed the five-building Milpitas R&D campus it bought from Western Digital in a 2023 sale-leaseback back on the market,...
South Bay Development Lists 409,000 SQFT The Quad @ Tasman in Santa Clara for Sale
South Bay Development has put its seven-building Quad at Tasman office and R&D campus in Santa Clara back on the market, testing investor...
DRA Advisors, Blue Rise Ventures List 636,000 SQFT Fremont and Milpitas Industrial Portfolio Along 880 Corridor
The eight-building package is 88 percent leased with in-place rents 25 percent below market and sits amid concentrated institutional ownership from Prologis, Blackstone,...
