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| Gold Street Technology Center, 2100, 2130, 2150, 2160 and 2190 Gold Street San Jose, CA |
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| Michael Leggett |
SAN FRANCISCO, CA – HFF announced today that it has closed
the sale of Gold Street Technology Center, a five-building,
302,600-square-foot office/R&D campus in San Jose, California, which serves
as the long-time world headquarters for Tivo, Inc.
HFF
marketed the property on behalf of PNC Realty Investors, Inc., as investment
advisor to the AFL-CIO Building Investment Trust. Embarcadero Capital Partners purchased the complex.
Gold Street Technology Center is comprised
of 2100, 2130, 2150, 2160 and 2190 Gold Street, all situated along Highway 237
at the convergence of Sunnyvale, Santa Clara and San Jose in Silicon Valley.
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| Steve Golubchik |
The property has easy access to Interstates 880, 680 and
U.S. Highway 101 and is served by the VTA Light Rail and bus lines providing
access to the ACE commuter train, Caltrain commuter train and Amtrak rail
lines.
Built between 1999 and 2000, Gold Street Technology Center
is 80 percent leased to four tenants: Tivo, Inc., eSilicon Corporation, Minerva
Networks and PiCoral.
The HFF investment sales team representing the seller was
led by senior managing director and co-head of HFF’s national office investment
sales platform Michael Leggett, managing director Steven Golubchik,
and director John Simerlein.
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| John Simerlein |
Embarcadero Capital Partners is a real estate investment and
management firm based on the San Francisco peninsula. The firm invests in dynamic, development-constrained U.S. markets
that are known for intellectual capital and a creative business culture.
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
tel (main) 617-338-0990 | (direct) 617-338-1572 | cel
617.543.4873 | www.hfflp.com
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