LinkedIn Acquires Sunnyvale Office Buildings For $323M

The office property located at 950 & 1000 W. Maude Ave. in Sunnyvale has been sold for a total price of $323,000,000. The property spans a total area of 287,644 square feet, resulting in a price per square foot of $1,122. The transaction took place on July 2, 2021, and involved the buyer LinkedIn and the seller RREEF Property Trust.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $323,000,000
• Address: 950 & 1000 W. Maude Ave., Sunnyvale
• Market: Sunnyvale
• Buyer: LinkedIn
• Seller: RREEF Property Trust
• Square Footage: 287,644
• Price per Square Foot: $1,122
• Date: July 2, 2021

Ryan Roslansky & W. Todd Henderson represented the seller, RREEF Property Trust, in this transaction as their broker representatives.