Wednesday, December 2, 2015

HFF closes sale of Class A downtown Mountain View, CA office property

Castro Station, 100, 150 and 200 West Evelyn Avenue,  Mountain View, CA
Steven Golubchik
SAN FRANCISCO, CA -– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Castro Station, a three-building, Class A office property in the Silicon Valley city of Mountain View, California. 

HFF marketed the property on behalf of the seller, SFF Realty Fund as advised by PSAI Realty Partners.  TIAA-CREF purchased the asset for an undisclosed amount. 

Castro Station, located at 100, 150 and 200 West Evelyn Avenue, consists of 114,809 square feet plus a three-level, 362-space subterranean parking garage.  

Buildings 100 and 200 were built in 2000 and total 65,757 square feet.  Building 150 is a 49,052-square-foot building completed in 2014.

 The fully-leased property is occupied by nine tenants in the security software, social networking, cloud software and e-commerce industries, among others.  

The 3.94-acre site is located at the intersection of Central Expressway and Highway 85 (Norman Y. Mineta Highway) adjacent to the Mountain View Baby Bullet Caltrain Station. 

Michael Leggett
Castro Station’s location in downtown Mountain View provides walkable access to its retail core and vehicular access to Highways 101, 82, 85 and 237. 

Castro Station is also within close proximity of Stanford University as well as numerous high-profile corporate users in Silicon Valley such as LinkedIn, Microsoft, Amazon, HP, Samsung and Google. 

HFF’s investment sales team representing the seller was led by senior managing director Steven Golubchik, co-head of HFF’s national office investment sales platform Michael Leggett and director Ben Bullock.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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