Rubicon Point Acquires Three-Building Office Complex Near Apple Headquarters

Rubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to Apple’s global headquarters in Cupertino. Although the buyer didn’t disclose the acquisition price, the Silicon Valley Business Journal recently reported it as more than $50 million.

“Wolfe Square represents exactly the type of quality investment in a quality location that defines our investment strategy,” said Ani Vartanian, RPP co-Founder & managing director. “This is a community-critical building with institutional-grade tenancy, a proven rent roll, and a location that simply cannot be replicated. We are proud to steward this asset for years to come.”

RPP plans to bring its UnCommon hospitality platform to the property. Will Connors, Dan Renz & Michael Manas of JLL represented the seller in the transaction. Bob Simpson and Erik Hallgrimson of Cushman & Wakefield serve as the leasing brokers for the property.

Connect

Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Order Reprints