Drawbridge’s Strategy is to Acquire Single-Tenant Corporate Assets

Rose Orchard comprises five buildings totaling 314,455 total square feet adjacent to Route 237.

SAN JOSE—As a follow up to news from earlier this month, Drawbridge Realty acquired the Rose Orchard office campus from Shorenstein Properties LLC with a purchase price of $128.2 million. The newly renovated office campus is 100% leased and further expands Drawbridge’s national portfolio in addition to growing its Silicon Valley presence.

“Adding this high-quality campus to our portfolio and growing our presence in the Silicon Valley market is an exciting move for Drawbridge,” Bill Doyle, vice president, investments at Drawbridge, tells GlobeSt.com. “Rose Orchard has recently been modernized and the tenant mix aligns perfectly with the firm’s strategy of acquiring single-tenant corporate properties in key growth markets across the United States.”