San Jose-based Divco bought the complex from Tishman-HeskinPartners. Divco investment director Michael George could not bereached for comment on existing tenants or vacancies.
"It's logical to say that Divco, like other real estateinvestment companies, will take a value-added strategy," a companysource says. The term "value-added" refers to property-improvementplans such as interior and exterior renovations. Divco has not madepublic its plans for the complex, the source says. "It has notannounced its specific... strategy, but is known to harvest assetswhen the time comes," the source says.
Divco estimates its portfolio at nine million sf in the SiliconValley, the Bay Area, Los Angeles and other western markets.
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