Gemini Rosemont Nabs $175M Silicon Valley Campus
Los Angeles-based Gemini Rosemont Commercial Real Estate acquired the $175-million Central Technology Park, a four-building office campus in Santa Clara, CA. The Class A asset adds 368,707 square feet to the Gemini Rosemont’s 36-property office portfolio.
The property is located at 3380-3420 Central Expressway, and is currently 100% leased. Tenants include Cloudinary, Intuitive Surgical, Inc., ThermoFisher Scientific Inc., and Nissan. The campus, built between 1980 and 1987, recently underwent a renovation of 90% of its square footage.
Gemini Rosemont’s Jason Kuester and Jeremy Wustman led the acquisition of the property, while Eastdil Secured’s Greg Cioth and Nate Jones represented the undisclosed seller.
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- ◦Sale/Acquisition