PSAI Realty Partners Acquires Office In Sunnyvale For $31M

This office property located at 350 Cobalt Way in Sunnyvale has been sold in a transaction worth $31,000,000. The property spans 8.3 acres and offers 134,200 square feet of space. The sale price equates to $231 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $31,000,000
• Address: 350 Cobalt Way, Sunnyvale
• Market: Sunnyvale
• Lot Size: 8.3 acres
• Square Footage: 134,200

The buyer in this transaction is PSAI Realty Partners represented by Peter Sullivan. The seller is Fujitsu North America. This deal marks a significant change in ownership for the property.