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Sign in Sign up for a FREE subscriptionBGO acquires mission-critical R&D facility in Silicon Valley
BGO announced the acquisition of 825 Stewart Drive, a mission-critical, fully leased R&D facility totaling 75,350 square feet in Sunnyvale, Calif.
JLL represented the seller, GI Partners, and procured the buyer.
The property at 825 Stewart Drive, which was most recently renovated in 2015, is 100 percent leased to Apple, which has also invested significant capital into the building infrastructure. The two-story building offers highly specialized lab improvements and 242 surface parking spaces.
The facility is positioned on 4.3 acres minutes from the tenant’s larger Cupertino headquarters in Silicon Valley. 825 Stewart Drive offers access throughout the San Francisco Bay Area being located close to the Central and Lawrence Expressways and Highways 237 and 101. In addition, the property is less than two miles from the Sunnyvale Caltrain station and the Lawrence Caltrain station. Sunnyvale is close to many of the area’s executive housing communities, includi