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.
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