SFF Realty Partners Acquires R&D Office Building In Sunnyvale For $46 Million

A 104,000-square-foot R&D office building located at 384 Santa Trinita Avenue, Sunnyvale, CA, was acquired by SFF Realty Partners from Clarion Partners for $46 million, translating to a price per square foot of $442.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $46,000,000
• Buyer: SFF Realty Partners
• Seller: Clarion Partners
• Broker: Steven Golubchik, Edmund Najera, Darren Hollak, Ramsey Daya, Chriz Moritz & Brendan Raney - Newmark
• Square Footage: 104,000
• Price Per Square Foot: $442
• Market: Sunnyvale, CA

An affiliate of SFF Realty Partners completed the acquisition of the office building, which is leased to Bosch. The transaction was facilitated by Newmark, emphasizing the active investment interest in Sunnyvale's technology and research corridor.