COLLIERS INTERNATIONAL HANDLES 95,826-SQUARE-FOOT OFFICE/R&D PURCHASE

SUNNYVALE, CALIF. — Colliers International has negotiated Presidio Investments and Rockpoint Group’s purchase of a 95,826-square-foot, single-story office/R&D building, located at 350 West Java Drive within Moffett Business Park in Sunnyvale. Terms of the deal were not disclosed. Situated on 6 acres of land, the vacant property constitutes a value-add opportunity with significant upgrades to the lobby, front entranceway, façade and landscaping on the to-do list. Colliers International’s Mike Rosendin, Craig Fordyce and Jim Beeger assisted in the transaction.