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Travis King And Bob Basso Acquire Sunnyvale Office For $7.4M From John DePalma

Property Image
SOLD
$7,400,000
Ben Knight
Jeff Arrillaga

California

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Office26,984 SF
Sold 05/27/2025
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Property Image
SOLD

Travis King And Bob Basso Acquire Sunnyvale Office For $7.4M From John DePalma

815 West Maude Avenue

See Similar Deals
Office26,984 SF
Sold 05/27/2025
Ben Knight
Jeff Arrillaga
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$274
Total Square Footage:26,984 SF
Transaction Type:Sale

The office asset located at 815 West Maude Avenue in Sunnyvale has been sold for $7,400,000. It encompasses 26,984 square feet, with a price per square foot of $274. The property was previously assessed at $13.6 million and was originally built for LinkedIn.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $7,400,000
  • Address: 815 West Maude Avenue
  • Market: Sunnyvale
  • Square Footage: 26,984
  • Price Per Square Foot: $274
  • Buyer: Travis King - Realm; Bob Basso - Cannae Partners
  • Seller: John DePalma - Fregida LLC
  • Brokers: Ben Knight - CBRE; Jeff Arrillaga - Newmark

Cannae Partners and Realm have jointly acquired the asset as part of their second Bay Area joint venture. The vacant office building is being marketed for lease, reflecting their confidence in a rebound in the Silicon Valley market.

Players

Ben Knight
CBRE
Ben Knight
1 deal$7.4M volume(408) 453-7441
BROKER
Jeff Arrillaga
Newmark
Jeff Arrillaga
1 deal$7.4M volume(408) 982-8478
BROKER
Jeff Arrillaga
Newmark
Jeff Arrillaga
1 deal$7.4M volume(408) 982-8478
BROKER

Details

SOLD
IMAGE: Travis King, Bob Basso, Ben Knight & Jeff Arrillaga DATE: 05/27/2025 ADDRESS: 815 West Maude Avenue MARKET: Sunnyvale ASSET TYPE: Office BUYER: Travis King - Realm; Bob Basso - Cannae Partners SELLER: John DePalma - Fregida LLC BROKERS: Ben Knight - CBRE (@CBRE); Jeff Arrillaga - Newmark (@Newmark) SALE PRICE: $7,400,000 SF: 26,984 ~ PPSF: $274 NOTE: Cannae Partners and Realm acquired a vacant 26,984 SF Sunnyvale office building at 815 W. Maude Ave. for $7.4M—nearly half its $13.6M assessed value—marking their second Bay Area joint venture. Originally built for LinkedIn, the property is being marketed for lease as the firms bet on Silicon Valley’s market rebound.

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