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Hines Acquires Santa Clara Campus for $107M
Houston-based Hines Global Income Trust, Inc. acquired the Advanced Manufacturing Portfolio (AMP), a 417,000-square-foot industrial and manufacturing campus in Santa Clara from DRA Advisors for $107.1 million. The AMP is currently 100% leased to 10 tenants and pro-vides a combination of light manufacturing and R&D space.
Hines Global Income Trust’s Janice Walker says, “We’re excited to further diversify our global portfolio and provide our investors with exposure to a well-located, strategic asset in the dynamic Silicon Valley market. This is our third industrial and logistics closing in the past 90 days, and we continue to actively seek opportunities in the space.”
The four-building campus provides mission-critical space for tenants with business in the technology industry. The strategic location in the heart of Silicon Valley provides proximity to major technology tenants, as well as the premier high-tech talent pool.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


