Updated Sep 11, 2026
Strada Investment Group Acquires Vasona Technology Park In Campbell For $115 Million
200 East Hacienda Avenue
$115,000,000
$430/SF
Building Size
267,000 SF
Asset Type
Mixed-use
Closing
Sep 9, 2026
About this deal
AI
The mixed-use asset located at 200-250 East Hacienda Avenue in Campbell, CA has been sold for $115,000,000. This property encompasses a total of 267,000 square feet, giving a price per square foot of $431. The transaction highlights the recent acquisition of the six-building Vasona Technology Park office and research campus.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $115,000,000
- Buyer: Jesse Blout - Strada Investment Group
- Seller: William J. McMorrow - Kennedy Wilson
- Square Footage: 267,000
- Price Per Square Foot: $431
Jesse Blout from Strada Investment Group led the acquisition of this property, which was sold by William J. McMorrow representing Kennedy Wilson. The transaction occurs amid a high office vacancy rate in Campbell, reaching 33.1% in Q2 2026, with the property leased to significant tenants such as ChargePoint, Kaiser Permanente, Imperative Care, and Creganna Medical.
Players
Campbell Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93