Ellis Partners and Boston-based investment manager The Baupost Group have acquired Great America Commons, a two-building office and R&D campus in Santa Clara, Calif.
The Class A buildings total approximately 635,000 square feet and are located at 4555-4655 Great America Parkway.
The seller was PGIM, the global asset management business of Prudential Financial. The purchase price was not disclosed.
The asset is 77 percent leased to tenants including Texas Instruments, Ampere Computing and the San Francisco 49ers. Recent capital improvements include a solar-powered, net-zero-energy amenity building with a full-service cafe, an indoor/outdoor fitness center and shared conference rooms. The campus also includes 2.5 acres of outdoor meeting and recreational space, including sports courts, a game lawn, an outdoor theater and other gathering areas.
Great America Commons is located within the Santa Clara Stadium corridor. The campus is near Nvidia, Amazon, Zs
