Updated Nov 12, 2026
Brian Hecktman Of Graymark Capital Acquires Office At 1450 Kifer Road For $35.8M
1450 Kifer Road
$35,800,000
$457/SF
Building Size
78,200 SF
Asset Type
Office
Closing
Nov 9, 2026
About this deal
AI
Graymark Capital acquired an office and R&D property located at 1450 Kifer Road in Sunnyvale, California. The asset encompasses 78,200 square feet and was sold for $35.8 million, translating to approximately $458 per square foot. The property was previously owned by Intuitive Surgical, a medical technology company.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $35,800,000
- Buyer: Brian Hecktman - Graymark Capital
- Seller: David Rosa - Intuitive Surgical
- Square Footage: 78,200
- Price Per Square Foot: $458
- Market: Sunnyvale, CA
Brian Hecktman represented Graymark Capital in the transaction while David Rosa represented Intuitive Surgical. The seller is vacating the property to focus on expanding its operations at its nearby 1.2 million-square-foot campus located at 950 Kifer Road.
On the Map
$35,800,000
$457/SF
Office
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Players
Sunnyvale 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
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93