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Cannae Partners And Realm Acquire Mixed-Use Property In Milpitas For $13.15 Million

Property Image
SOLD
$13,150,000

California

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Mixed-use33,684 SF
Sold 10/01/2025
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Property Image
SOLD

Cannae Partners And Realm Acquire Mixed-Use Property In Milpitas For $13.15 Million

1701 Mccarthy Boulevard

See Similar Deals
Mixed-use33,684 SF
Sold 10/01/2025
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Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$390
Total Square Footage:33,684 SF
Transaction Type:Sale

A mixed-use manufacturing facility located at 1701 McCarthy Boulevard in Milpitas has been sold for $13.15 million. The property encompasses 33,684 square feet and is fully leased to TE Connectivity, reflecting a price per square foot of $390.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $13,150,000
  • Square Footage: 33,684
  • Address: 1701 McCarthy Boulevard
  • Market: Milpitas
  • Seller: Empire Square Group
  • Buyers: Bob Basso - Cannae Partners; Travis King - Realm
  • Brokers: Scott J. Prosser & Jack DePuy - Cushman & Wakefield
  • Price Per Square Foot: $390

The transaction involved key players including buyers Bob Basso representing Cannae Partners and Travis King of Realm, who acquired the property. The seller, Empire Square Group, was represented by Scott J. Prosser and Jack DePuy from Cushman & Wakefield, facilitating the successful completion of the deal.

Players

Jack DePuy
9 deals$407.8M volume
BROKER

Scott J. Prosser
Cushman & Wakefield
10 deals$554.6M volume
BROKER

Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: Bob Basso, Travis King, Scott J. Prosser & Jack DePuy DATE: 10/01/2025 ADDRESS: 1701 Mccarthy Boulevard MARKET: Milpitas ASSET TYPE: Mixeduse BUYER: Bob Basso - Cannae Partners; Travis King - Realm SELLER: Empire Square Group BROKERS: Scott J. Prosser & Jack DePuy - Cushman & Wakefield SALE PRICE: $13,150,000 SF: 33,684 ~ PPSF: $390 NOTE: Cannae Partners and REALM acquired a 33,684-square-foot manufacturing facility at 1701 McCarthy Blvd. in Milpitas for $13.15 million. The property, fully leased to TE Connectivity, was sold by Empire Square Group, represented by Cushman & Wakefield’s Scott Prosser and Jack Depuy.

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