Newmark Arranges Sale of Two-Building R&D Campus in Sunnyvale

Newmark arranged the sale of Mathilda Tech Park, a two-building, 105,000-square-foot technology R&D campus located in Silicon Valley’s Sunnyvale submarket and fully leased to an American multinational technology conglomerate with a large Bay Area presence. The property sold for an undisclosed amount.

Executive vice chairman and president, Western Region Capital Markets Steven Golubchik, executive vice chairman Ramsey Daya, vice chairman Edmund Najera, executive managing director Chris Moritz, managing director Darren Hollak and associate directors Francesca Zappula and Brendan Raney represented both the seller, Clarion Partners, and the buyer, Ellis Partners.

“The Mathilda Tech Park marketing process yielded a deep buyer pool from a wide variety of capital sources and resulted in a swift execution for our client,” said Najera. “Investors are gaining increasing confidence in the leasing markets and are eager to gain scale in Sunnyvale.”

Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!