SOLD
BentallGreenOak Acquires Apple-Leased Office In Sunnyvale For $41M From GI Partners
825 Stewart Drive
Office
75,400 SF
75,400 SF
Sold 245 days ago
Summary
Sale
CALIFORNIA
Office
75,400 sqft
An Apple-leased office property in Sunnyvale has been sold for $41,000,000. The property spans across 4.3 acres and offers a total area of 75,400 sq ft. The office is located at 825 Stewart Drive in Sunnyvale. The transaction took place between BentallGreenOak, represented by Sonny Kalsi and John Carrafiell, as the buyer, and GI Partners, as the seller.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $41,000,000
- Address: 825 Stewart Drive, Sunnyvale
- Market: Sunnyvale
- Size: 4.3 acres
- Square Footage: 75,400 sq ft
- Buyer: BentallGreenOak - Sonny Kalsi & John Carrafiell
- Seller: GI Partners
The transaction was facilitated by JLL brokers Will Connors, Daniel Renz, Michael Manas, Cheri Pierce, Kendall Willet, and Aisling Duffy. The deal involved an Apple-leased office building, and Apple's lease agreement will continue until 2030.
Players
All
7
Agents
6
Agencies
1
Details
SOLD
IMAGE: Michael Manas, Cheri Pierce, John Carrafiell, Kendall Willet, Daniel Renz, Sonny Kalsi, Aisling Duffy & Will Connors
DATE: 08/31/2023
ADDRESS: 825 Stewart Drive
MARKET: Sunnyvale
ASSET TYPE: Office ~ ACRES: 4.3
BUYER: BentallGreenOak (@BGOSeattle) - Sonny Kalsi (@Skhoya) & John Carrafiell
SELLER: GI Partners
BROKERS: Will Connors, Daniel Renz, Michael Manas, Cheri Pierce, Kendall Willet & Aisling Duffy - JLL (@JLL)
SALE PRICE: $41,000,000
SF: 75,400 ~ PPSF: $544
NOTE: BentallGreenOak affiliate buys a 75,400 sq ft Apple-leased office in Sunnyvale for $41 million ($544 per sq ft) from a GI Partners affiliate; Apple's lease continues until 2030.View on map
Loading...
Address825 Stewart Drive
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want