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1800 Wyatt Drive

BKM Capital Partners Acquires Four Office Buildings In Santa Clara For $32.9 Million
SOLDOffice

BKM Capital Partners Acquires Four Office Buildings In Santa Clara For $32.9 Million

1800 Wyatt Drive

$32,900,000

Building Size

Asset Type

Office

Closing

Jun 9, 2026

AI

The transaction involved the sale of four office buildings located at 1500-1800 Wyatt Drive in Santa Clara, CA. The properties were acquired for $32.9 million and are part of Washington Holdings' Mission Park portfolio. The asset is strategically located near Intel’s headquarters and features tenants such as WinWay Technology and Aixtron.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $32,900,000
  • Buyer: Brian Malliet - BKM Capital Partners
  • Seller: Ric Anderson - Washington Holdings
  • Market: Santa Clara, CA
  • Tenant Information: WinWay Technology and Aixtron

This transaction signifies Washington Holdings' continued divestment in the Santa Clara area following its larger $164.3 million office campus sale earlier in the year. Brian Malliet represented BKM Capital Partners in the acquisition, while Ric Anderson represented Washington Holdings as the seller in this deal.

Players

Brian Malliet

BKM Capital Partners

Buyer

$899.5M

vol

14 deals

Buyer
Ric Anderson

Ric Anderson

Washington Holdings

Seller

$197.2M

vol

2 deals

Seller

Market 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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93