Wertheimer Family Acquires Medical Office In Cupertino For $103M

A medical office building located at 19000 Homestead Rd in Cupertino has been sold in a closed property transaction. The property, with a total area of 100,000 square feet, was acquired by the Wertheimer family. The seller, Thor Equities, completed the sale with the assistance of brokers Steven Golubchik, Edmund Najera, Jonathan Schaefler, Darren Hollak, and Jack Phipps from NKF. The transaction closed on October 5, 2020, at a price of $103,000,000, resulting in a price per square foot of $1,030.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $103,000,000
• Property Address: 19000 Homestead Rd, Cupertino
• Market: Cupertino
• Buyer: Wertheimer family
• Seller: Thor Equities
• Brokers: Steven Golubchik, Edmund Najera, Jonathan Schaefler, Darren Hollak, and Jack Phipps – NKF

In this closed property transaction, the Wertheimer family purchased a medical office building in Cupertino. The transaction was facilitated by Thor Equities as the seller, and NKF brokers Steven Golubchik, Edmund Najera, Jonathan Schaefler, Darren Hollak, and Jack Phipps. The property spans a total area of 100,000 square feet and was sold for a price of $103,000,000, amounting to a price per square foot of $1,030.