Cushman & Wakefield Assigned Property Management at SRP
Cushman & Wakefield’s Northern California Asset Services has been awarded a 14-building, 1.1-million-square-foot and a 7-million-square-foot NNN ground lease property management assignment at Stanford Research Park (SRP) in Palo Alto, CA.
Affiliated with Stanford University since 1951, SRP is in the heart of Silicon Valley’s R&D activity and is comprised of 700 acres, with over 150 tenants including a thriving bioscience community located in its Life Science District. A few of the companies that have locations at Stanford Research Park include Tesla, Google, VMware, Ford and Lockheed Martin.
“Leveraging the depth of the Cushman & Wakefield platform and aligning those services with every level of SRP’s leadership infrastructure was key to our firm’s winning this prestigious assignment. Several months of planning, mapping, quality control and intense transitioning ensured the client that our team was wholly committed to the success of the transition of this portfolio,” said Cushman & Wakefield Executive Managing Director Sandra Boyle.