REBusinessOnline

Gemini Rosemont Purchases Four-Building Office Campus in Silicon Valley for $175M

Central-Tech-Park-Santa-Clara-CA

Cloudinary, Intuitive Surgical Inc., ThermoFisher Scientific Inc. and Nissan are tenants at Central Technology Park, located at 3380-3420 Central Expressway in Santa Clara, Calif.

SANTA CLARA, CALIF. — Gemini Rosemont Commercial Real Estate has acquired Central Technology Park, an office campus located at 3380-3420 Central Expressway in Santa Clara, from an undisclosed seller for $175 million.

Built between 1980 and 1987, the four-building, 368,707-square-foot campus recently underwent a renovation of 90 percent of its square footage. At the time of sale, the property was 100 percent occupied by a variety of tenants, including Cloudinary, Intuitive Surgical Inc., ThermoFisher Scientific Inc. and Nissan.

Jason Kuester and Jeremy Wustman of Gemini Rosemont provided in-house representation for the buyer, while Greg Cioth and Nate Jones of Eastdil Secured represented the seller in the transaction.

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