DivcoWest, a DivCore Capital company, in a partnership with Grove Real Estate Partners, has purchased The Campus at Trimble, a 253,000 square foot R&D campus located at 375-441 West Trimble Road in San Jose. Terms of the transaction, which was sourced and closed off-market, were not disclosed. Newmark represented the seller.
“We are excited by the fundamentals underpinning high-quality R&D projects across Silicon Valley, particularly given the surge of tenant demand in the back half of 2025 amidst a lack of premium R&D supply,” said Elena Miller, head of Bay Area and Pacific NW acquisitions. “This campus, acquired at a significant discount to replacement cost, provides a strong foundation for value creation, with meaningful upside through the strategic enhancement of the campus which we believe our partnership is well-positioned to capitalize on.”
The Campus at Trimble consists of a mix of four single- and two-story class A buildings which were comp
