California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + San Diego  + Office  | 

Hines Global Picks Up Second Santa Clara Asset

Further indicating the strength of the Silicon Valley market, Hines Global Income Trust Inc. recently acquired a single-tenant office, research and development building at 5301 Patrick Henry Dr. in Santa Clara. The price was undisclosed.

“This transaction represents our second Santa Clara acquisition, showing our conviction in the resiliency of this market,” said Janice Walker, chief operating officer of Hines Global. “Our globally diversified portfolio’s tenant mix is further strengthened through the addition of this well-positioned project.”

This one-story 129,200-square-foot building is located in the center of Silicon Valley. The property’s location is less than a half-mile from the VTA Light Rail and within one mile of the ACE train. In addition, the location is less than a 10-minute drive to Mineta San Jose International Airport with access to Highway 101, Interstate 880 and California State Route 237.

Connect

Inside The Story

Learn more at Hines

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Acquisition
KidderMathews-05-cube