A big downtown Sunnyvale office building leased to Uber has been bought in a deal that suggests properties with high-profile tech tenants remain a magnet for investors.
SUNNYVALE — A big downtown Sunnyvale office building leased to Uber has been bought by a veteran Bay Area real estate player in a sign that high-profile tech tenants remain a magnet for investors.
“This is a highly appealing Silicon Valley asset leased long-term with a strong tenant in place in an area that continues to attract companies because of the deep regional talent pool, especially in engineering,” said Charlie McEachron, an executive with Drawbridge Realty. “The price is appropriate for this type of well-located building with a credit tenant,” said David Sandlin, an executive vice president with Colliers, a commercial real estate firm.
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