JV ACQUIRES 91,288-SQUARE-FOOT OFFICE BUILDING

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CUPERTINO, CALIF. — RREEF Alternative Investments, the global alternatives asset management business of Deutsche Bank’s Asset Management division, has formed a joint venture with Snell&Co to acquire Torre Plaza in Cupertino for an undisclosed price. The 91,288-square-foot office building offers a unique butterfly designed-floor plate, which allows tenants twice the amount of exterior glass and natural light. Located at 10201 Torre Ave., the property was vacant at the time of acquisition. Cushman & Wakefield represented the undisclosed seller in the transaction.

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