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Infill Sites with Cash Flow Ratchet Buyer Level

CUPERTINO, CA—Creative single-tenant office assets boasting strong tenancies with the likes of Apple find buyer interest, even in the tightest submarkets, GlobeSt.com learns in this EXCLUSIVE.

Bubb Road 10300-10460 Bubb Rd. in Cupertino is 100% leased to Apple Inc.

CUPERTINO, CA—Within a Silicon Valley location, very likely the tightest market in the country, and in the Silicon Forest of suburban Portland, a portfolio sale recently generated investment and private equity fund attention to the tune of $77 million. Graymark Capital Inc., in partnership with a real estate private equity fund, recently acquired two creative office/R&D portfolios of eight single-tenant buildings with credit tenants, GlobeSt.com learns in this exclusive.

Most notably, 10300-10460 Bubb Rd. in Cupertino is a four-property 110,000-square-foot portfolio that is 100% leased to Apple Inc. Located approximately 3 miles from Apple’s new corporate headquarters, the buildings are single story and improved by creative office buildouts.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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