Ryan Roslansky Of LinkedIn Acquires Office Building From Sassine Ghazi Of Synopsys For $75M

LinkedIn acquired a 120,000-square-foot research and development building at 1022 West Maude Avenue in Sunnyvale for $75 million from Synopsys. The price per square foot is calculated at $625. The transaction occurred within a robust R&D sales market in Silicon Valley, despite the rising vacancy rates and negative net absorption reported in the first quarter of the year.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $75,000,000
• Square Footage: 120,000
• Address: 1022 West Maude Avenue
• Market: Sunnyvale
• Price Per Square Foot: $625
• Buyer: Ryan Roslansky - LinkedIn
• Seller: Sassine Ghazi - Synopsys

Ryan Roslansky represents LinkedIn in this deal, while Sassine Ghazi represents Synopsys. The acquisition allows LinkedIn to expand its office cluster along Maude Avenue, which is in close proximity to its headquarters.