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| Caroline Reynolds |
SAN FRANCISCO, CA – JLL Capital Markets has closed the sale of Valent Innovation Center, a two-story, 96,535-square-foot R&D asset
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| Quinn O’Connor. |
Most recently renovated in 2022, Valent Innovation Center offers some of the best quality lab space in the Bay Area and is fully leased to Valent USA, a wholly owned subsidiary of Sumitomo Chemical.
As a
result, the property drew a significant amount of investor interesting spanning
across institutional investors, net lease funds, high net worth investors and
foreign capital.
JLL Capital Market’s Investment Sales and Advisory team was led by Managing Director Adam Lasoff, Senior Director Erik Hanson, Senior Managing Director Rob Hielscher, Senior Analyst Caroline Reynolds and Analyst Quinn O’Connor.
Adam Lasoff
Valent Innovation
Center is located at 4600 Norris Canyon Rd. in the evolving Bishop Ranch
submarket of San Ramon. Bishop Ranch is a 585-acre development boasting more
than six million square feet of Class A office space, nearly 10,000 new homes
under developments, two hotels and the City Center Bishop Ranch retail and
entertainment project in the East Bay.
In addition, Valent Innovation Center is strategically
positioned near elite research talent throughout the Bay Area, including UC
Davis, UC Berkeley and Stanford University.
Erik Hanson
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.
The firm has more than 3,000 Capital
Markets specialists worldwide with offices in nearly 50 countries.
Contact:%20Hielscher.jpg)
Rob Hielscher
Kristen Murphy,
JLL Director,
Public
Relations
Phone: +1 617
543 4873
Email: kristen.murphy@jll.com
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