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SUNNYVALE, CALIF. — Kilroy Realty Corporation has acquired a 261,000-square-foot office property in Sunnyvale for $98 million. The four-building complex is located in the Moffett Park district.
Kilroy has been extremely active in the Silicon Valley and San Francisco Bay Area regions, as of late. The office development specialist recently leased a 587,000-square-foot, three-building Sunnyvale campus to LinkedIn. It is also building a 340,000-square-foot space in San Francisco’s South of Market (SOMA) district that has been leased to Salesforce.
Divco, the Moffett Park seller, was represented by Dan Ball of Gibson Dunn. Kilroy was represented by Pete Roth of Allen Matkins in this transaction.