Union Investment Acquires Office Building In Sunnyvale For $222M

The office property located at 684 West Maude Avenue in Sunnyvale has been sold for a price of $222,000,000. The property spans an area of 195,652 square feet, resulting in a price per square foot of $1,135. The sale took place on October 28, 2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $222,000,000
• Address: 684 West Maude Avenue
• Market: Sunnyvale
• Buyer: Union Investment - Michael Bütter
• Seller: Harvest Properties & Invesco Real Estate
• Buyer's Representative: Metzler Real Estate
• Seller's Representative: Eastdil Secured
• Square Footage: 195,652
• Price per Square Foot: $1,135

The buyer, Union Investment represented by Michael Bütter, acquired the property from Harvest Properties & Invesco Real Estate. Metzler Real Estate represented the buyer in this transaction, while Eastdil Secured acted as the seller's representative.