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| Steve Golubchik |
SAN FRANCISCO, CA. Jan. 4,
2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed
the sale of Rincon Center, a
two-building, 156,094-square-foot, Class A office/R&D campus in North San
Jose, California.
HFF represented the
seller, an entity owned by certain funds managed by Westport Capital Partners
LLC, in the transaction.
Rincon Center consists of
1010-1020 and 1060 Rincon Circle, which are situated on an 8.31-acre site,
fronting Interstate 880 and Montague Expressway in the Silicon Valley area of
North San Jose.
This location places the asset within minutes
of San Jose International Airport, Levi’s Stadium, downtown San Jose and Santa
Clara City Center.
The property is
served by the VTA bus lines and Light Rail with connections to the ACE,
Caltrain and Amtrak commuter rail lines and the future Milpitas BART station
opening in 2017-2018. 1010-1020 Rincon Circle is a 90,871-square-foot building
that is fully leased to Quanta Computer.
The 65,223-square-foot 1060 Rincon Circle is
fully leased to CSR (acquired by Qualcomm in 2014). The two-story properties were both recently
renovated and share 556 parking spaces on site.
HFF’s investment sales
team representing the seller was led by senior managing director and co-head of
HFF’s San Francisco office, Steven
Golubchik 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 | www.hfflp.com
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