Ani Vartanian & Razmig Boladian Of Rubicon Point Partners Acquire Office Campus In Cupertino For $53M
10080 Wolfe Road
$53,000,000
$460/SF
Building Size
115,000 SF
Asset Type
Office
Closing
Jun 29, 2026
AI
An affiliate of Rubicon Point Partners acquired Wolfe Square, a three-building office campus located at 10050 and 10080 North Wolfe Road in Cupertino, California, for approximately $53 million. The total square footage of the property is 115,000, resulting in a price per square foot of $461. At the time of sale, the property was 93.4% leased, with tenants including LG Display, Kaiser, and Pacific Workplaces.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $53,000,000
- Address: 10050 & 10080 North Wolfe Road
- Market: Cupertino, CA
- SF: 115,000
- PPSF: $461
- Buyer: Ani Vartanian & Razmig Boladian - Rubicon Point Partners
The transaction involved key individuals Ani Vartanian and Razmig Boladian representing Rubicon Point Partners in the acquisition of the property. Their involvement highlights the strategic interest in office space investment within the Cupertino market.
Players
Wolfe Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93