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3100 Patrick Henry Drive

JEMCOR Development Partners And Scaled Projects Acquire Santa Clara Office Property From O2Micro For $12.5M
SOLDOffice

JEMCOR Development Partners And Scaled Projects Acquire Santa Clara Office Property From O2Micro For $12.5M

3100 Patrick Henry Drive

$12,500,000

Building Size

Asset Type

Office

Closing

Dec 22, 2025

AI

The asset involved in this transaction is a 37,180-square-foot office and R&D property located at 3100-3118 Patrick Henry Drive in Santa Clara. The property, situated on a 2.5-acre site, was acquired for $12.5 million and is zoned for high-density residential redevelopment within the Patrick Henry Drive Specific Plan area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $12,500,000
  • Buyer: JEMCOR Development Partners & Scaled Projects
  • Seller: O2Micro Global Limited
  • Brokers: Jason Parr & Scott MacDonald - Berkadia
  • Site Area: 2.5 acres
  • Square Footage: 37,180
  • Market: Santa Clara

An affiliate of JEMCOR Development Partners and Scaled Projects was involved in the acquisition of the property, showcasing the coordination and strategic planning by these firms in the real estate market. Jason Parr and Scott MacDonald, representatives from Berkadia, facilitated the transaction, providing crucial brokerage services in this deal.

Players

Jason Parr

Berkadia

Broker

$699M

vol

12 deals

Broker

Santa Clara Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93