Sunnyvale real estate mega-deal makes Google, big developer neighbors

Sunnyvale real estate mega-deal makes Google, big developer neighbors

3 years ago
Anonymous $4BDEsVAtYS

https://www.mercurynews.com/2021/04/20/sunnyvale-real-estate-mega-deal-google-big-developer-neighbor-tech/

SUNNYVALE — Tishman Speyer’s mega-deal to buy several Sunnyvale buildings from NetApp gives the veteran developer control of several sites in a prime section of Silicon Valley and makes it a neighbor of search giant Google.

In one of the largest Silicon Valley property purchases so far this year, Tishman Speyer paid $365 million for seven parcels in northern Sunnyvale. The NetApp property transaction in Sunnyvale occurred simultaneously with the tech company’s lease of a big new headquarters office in San Jose’s prestigious Santana Row complex.