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
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