Netflix HQ Hits the Market

The new Los Gatos house that built House of Cards is making headlines of its own, having just hit the market. Owners Sand Hill Property Co and The Carlyle Group tapped the Menlo Park and San Francisco offices of JLL to sell it, listed by Erik Doyle, Will Connors, Michael Seifer and Rob Hielscher. Since 2010, fewer than 10 buildings over 100k SF in the Bay Area have been sold within three years of being constructed, reports The Registry. Erik expects foreign capital sources to be interested in the new two-building campus, where Netflix has a 10-year triple-net lease. [REG]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Jose Newsletters
Related Stories

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

Downtown Office Tower Sells At Foreclosure Auction For $260M

Houston's Office Woes Are Getting Too Expensive To Fix

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

The 'Zombie' Building Mirage: How Owners Who Can't Transact Are Stirring The Market