The property asset involved in the transaction is a vacant office building located at 19400 Stevens Creek Blvd in Cupertino. The asset encompasses 20,070 square feet and sits on a 1.22-acre site. The sale price for the property was $10,400,000, reflecting a price per square foot of $518.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,400,000
• Buyer: Dan Woods - El Camino Health
• Seller: Yuki Farms LLC
• Brokers: Joel Yungen, Sean Toomey & MaryJane Bengiveno - JLL
• Market: Cupertino
• Size: 20,070 SF
• Acres: 1.22

The transaction was aimed at supporting El Camino Health's ambulatory expansion needs, with plans to redevelop the site into a medical office that can accommodate up to 18 physicians, providing primary care, urgent care, and imaging services.