Campus Setting Seals the Deal for Mega Sale

Vasona Technology Park features seven freestanding one- and two-story office and R&D buildings.

CAMPBELL, CA—Vista Investment Group’s most recent acquisition offers the Santa Monica, CA-based real estate investment firm the opportunity to create value in one of the most supply-constrained submarkets in Silicon Valley. This will be accomplished by continuing to reposition older buildings in the project to a more creative office standard and leveraging off of an expansive campus setting, which is one of the largest contiguous land sites in the area, according to Vista’s president Jonathan Barach.

In the mega-investment transaction, Vista Investment Group in joint venture with an institutional money management firm, acquired the 314,256-square-foot Vasona Technology Park for $113 million. The technology park features seven freestanding one- and two-story office and R&D buildings ranging in size from 16,000 to 74,000 square feet. Developed in 1963 and 1981, Vasona Technology Park is located on an 18.5-acre site at 210 East Hacienda Ave., bordered by Winchester Boulevard, East Hacienda Avenue and Dell Avenue.