The highly coveted Peery Park submarket of Sunnyvale just saw a rare trade, with Sand Hill Property Co picking up an R&D building fully leased to Jawbone for $14.45M (unclear if the buy comes with free wearable devices). The 39k SF facility at 674-678 W Maude was owned by Ben London of London Management, a NY family office. At $367.58/SF, the seller "achieved top of the market value," says Transwestern SVP Michael Cisternino, who repped London. The flex facility sits across the street from LinkedIn's HQ. Colliers repped the buyer.
Sand Hill Picks Up Tech R&D Facility
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Related Topics:
Ben London
, Jawbone
, London Management
, Sand Hill Property Co.
, Transwestern Senior Vice President Michael Cisternino
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