December 6, 2017 Comments (0) Views: 453 Bay Area, California News

$200M Loan via Blackstone for Brocade’s 600K-SF San Jose Campus

Lane Partners and an unnamed capital partner secured a $200-million loan from Blackstone Mortgage Trust for the acquisition of HQ@first, three-building, 603,666-square-foot creative office tower in San Jose. Brocade Communications sold the state-of-the art property located at 110, 120, and 130 Holger Way for $225.5 million.

Built in 2010, the Class A property is situated on just under 10 acres at Highway 237 and North First Street. The LEED Gold certified project features a campus environment with landscaped paths, natural light, views of the bay and hills, outdoor BBQ and patio areas, basketball court, fitness center and locker rooms, a game room, an expansive executive business center and a 300-plus seat cafeteria.

NKF’s Ramsey Daya and Chris Moritz executed the financing on behalf of the buyer.

NKF Capital Markets’ Steven Golubchik, Edmund Najera and David Hosler arranged the sale.

Connect With NKF’s Daya

Connect With NKF’s Golubchik

Connect With Blackstone Mortgage Trust


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