Rubicon Point Partners, on behalf of Rubicon Point Fund II, and Canyon Partners Real Estate have acquired a 201,078-square-foot, four-building research and development campus in Santa Clara, Calif., one of the leading innovation hubs within Silicon Valley.
Located in Santa Clara, the property benefits from its position within one of the world’s leading innovation ecosystems and a market experiencing accelerating demand for flex/research and development (R&D) space driven by growth across artificial intelligence, semiconductors, robotics, life sciences and advanced manufacturing.
“This is the beginning of a billion-dollar investment strategy that we plan to deploy over the coming few years throughout the region,” said Ani Vartanian, co-founder and managing partner of Rubicon Point Partners. “This acquisition represents the quality and caliber of assets we will conti