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3875 Fabian Way

Updated Jul 23, 2026

John Winther Of Harvest Properties Acquires 24.5 Acre Campus In Palo Alto For $163M
SOLDIndustrial

John Winther Of Harvest Properties Acquires 24.5 Acre Campus In Palo Alto For $163M

3875 Fabian Way

$163,000,000

Building Size

—

Asset Type

Industrial

Closing

Jul 20, 2026

About this deal

AI

An industrial property located at 3825 & 3875 Fabian Way in Palo Alto, CA, has been sold for $163 million. The asset encompasses 24.5 acres and is part of the shifting landscape in the life sciences real estate market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $163,000,000
  • Buyer: John Winther - Harvest Properties
  • Seller: Peter M. Moglia - Alexandria Real Estate Equities
  • Date of Sale: 07/20/2026

John Winther, representing Harvest Properties, has taken ownership of the property, which serves as a research and development campus. Peter M. Moglia, representing Alexandria Real Estate Equities, completed the sale. Harvest Properties intends to maintain the primary tenant while assessing redevelopment opportunities for approximately half of the campus into housing to meet increasing residential demand.

On the Map

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$163,000,000

Industrial

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Players

John Winther

Broker

$163M

vol

2 deals

Broker
John Winther

John Winther

Harvest Properties

Buyer

$163M

vol

2 deals

Buyer

Peter M. Moglia

Alexandria Real Estate Equities Inc

Seller

$2.2B

vol

20 deals

Seller
Bilt advertisement

Palo Alto Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.10%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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