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California  + Office  | 

Cavium Sells Former QLogic HQ for $36M

Cavium, Inc. sold the former HQ of its wholly-owned subsidiary, QLogic, in Aliso Viejo, CA for $36 million. The buyer was a joint-venture between Irvine, CA-based Stillwater Investment Group, and Boston-based CrossHarbor Capital Partners.

The three-building Aliso Viejo campus was built in 2000 and encompasses 161,000 square feet of space. The buyer plans to improve the project and market it to large users in search of a campus environment.

NGKF’s Byron Foss and Greg Tippin represented the seller. The buyer was self-represented.

Foss says, “Stillwater’s acquisition of the former QLogic campus in Aliso Viejo highlights the continual demand for institutional quality assets in Orange County.”

Cavium leased a 4-story, 100,000-square-foot building at Irvine Company’s Sand Canyon Business Center campus in Irvine Spectrum, and plans to relocate QLogic’s operations there this summer.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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