Updated Aug 4, 2026
Seamus Grady Of Fabrinet Expands South Bay Footprint With $76.9M Office Campus Acquisition In Santa Clara
2953 Bunker Hill Lane
$76,900,000
$341/SF
Building Size
225,000 SF
Asset Type
Office
Closing
Jul 30, 2026
About this deal
AI
A 225,000-square-foot, three-building office campus was sold for $76.9 million in Santa Clara, CA. The property is located at 2903, 2933 & 2953 Bunker Hill Lane and is classified as an office asset. The price per square foot for this transaction was $342.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $76,900,000
- Buyer: Seamus Grady
- Company: Fabrinet
- Market: Santa Clara, CA
A Fabrinet subsidiary acquired the office campus to expand its South Bay footprint, allowing for additional space to support future growth alongside its existing facility in the vicinity.
On the Map
$76,900,000
$341/SF
Office
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Players
Santa Clara 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
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93