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TMG Partners Acquires The Quad in Santa Clara from JP Morgan

San Francisco Bay Area-based TMG Partners closed on a deal for The Quad in Santa Clara. The seven-building, 410,106-square-foot office campus at Tasman Drive and Bunker Hill Lane consists of two-story buildings built in 1982, and recently renovated by JP Morgan, the seller.

TMG Partners’ Ben Kochalski says, “TMG Partners was attracted to this property because of its stable long-term cash flow, the Santa Clara location, our understanding of the need to provide office space for the many different size requirements of today’s tenants, as well as the existing suite of amenities.” He added TMG plans to add amenities and improvements in an effort to attract more businesses looking to headquarter in this location.

Anchor tenant Silicon Valley Bank occupies 50% of the project on a long-term lease. Other tenants include GoDaddy, Perspecta, and a recently-executed 23,000-square-foot lease with Knowles, bringing occupancy to 73%.

Eastdil Secured represented the seller, while TMG was self-represented.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.