In the Path of Growth, Orchard-Trimble Bolsters Grosvenor’s Portfolio

Grosvenor Americas recently acquired the Orchard-Trimble office and R&D campus in North San Jose. The 218,645-square-foot property is fully leased to Toshiba America Electronic Components Inc., the storage and semiconductor division of Toshiba Corporation.

Located in the Golden Triangle in North San Jose, Orchard-Trimble borders Highway 101 and 880. The campus is near San Jose International Airport and provides access to downtown San Jose via the VTA Light Rail. Trimble Road is accessed by 25,000 cars per day.

“We have strong confidence in the long-term growth trajectory of the North San Jose submarket,” said Angela Biggs, Grosvenor Americas’ vice president, investment. “The submarket benefits from expanding employers migrating from western Silicon Valley and tailwinds for the hardware sector, particularly the semiconductor space.”

Orchard-Trimble was comprehensively renovated as the showpiece of the MWest portfolio.

“Orchard-Trimble bolsters our portfolio as a well-located asset in the path of growth, which fits our strategy of identifying opportunities to hold for the long term,” added Biggs. “Additionally, Toshiba’s targeted sustainability initiatives align with Grosvenor’s commitment to minimize the carbon footprint of its properties.”