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

Activist Investor Buys Stake In Empire State Building Owner

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

Affinius Relinquishes Big Office Building Next To Capital One Arena

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Hedge Fund Breaks NYC Record With $375-Per-SF Office Lease

Renewals Dominate In Years-Low Office Leasing Quarter

University City Office Market Improves Despite Slow Quarter In Philly

High-Flying Midtown Office Market Back To Pre-Pandemic Health

Austin's Office Slump Is Fueling Mixed‑Use Projects

Gould Starts $25M East End Office Renovation, Seeks Tenants For Top Floors

Morningstar To Relocate Global HQ To Renovated Thompson Center

J.P. Morgan Snags £1B Loan For Spitalfields Office Redevelopment