DPR Construction Acquires Santa Clara Office Building For $49.4M

An office property located at 5201 Patrick Henry Drive in Santa Clara has been sold for a total of $49,400,000. The property spans a total area of 150,000 square feet, resulting in a price per square foot of $329. The sale was concluded on September 19, 2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $49,400,000
• Address: 5201 Patrick Henry Drive
• Market: Santa Clara
• Buyer: DPR Construction - George Pfeffer
• Seller: W.F. Batton Management
• Brokers: Steve Horton & Kelly Yoder - Cushman & Wakefield; Kelly Givens & David Gordon - Savills

The buyer of the property is DPR Construction, represented by George Pfeffer. The seller in this transaction is W.F. Batton Management. The deal was facilitated by brokers Steve Horton and Kelly Yoder from Cushman & Wakefield, as well as Kelly Givens and David Gordon from Savills.