Santa Clara -NVIDIA has created a contract to buy a big office campus in Santa Clara.
The legendary and stubborn real estate and developing companies, all, have a building in Santomass Expressway between Walshua Bennu and Central Expressway.
According to documents submitted this week to a recorder office in Santa Clara County, NVIDIA and SOBRATO FIRM reached the real estate agreement around December 18.
The building that NVIDIA agreed to purchase from a related company of the Sobrat organization has an address of 2701, 2711, 2721, and 2731 SAN TOMAS Expressway. 2741 The adjacent parking garage of SAN TOMAS Expressway is also included in the purchase contract.
It is not revealed in the county documents, including the purchase price. The Sobrat organization executive has refused to comment on this situation.
The building is about 500,000 square feet in total. The office that high -tech companies are paying attention to is crossing the street from the two -building NVIDIA headquarters campus on the Santomas Expressway.
NVIDIA, based in Santa Clara, is shopping for South Bay’s real estate, so that it can be controlled by the company leases the company or a building that represents expansion.
Here are two examples of NVIDIA transactions in recent months.
-NVIDIA paid $ 374.3 million in May 2024, purchased eight buildings in Santa Clara, and occupied a site surrounded by Central Expressway, Scott Brewer, Walshua Benu, and Santa Mass Expressway. 。
-In December 2024, NVIDIA leased a total of 101,600 square -footed Kita Sannose offices and research buildings.
Transactions created by NVIDIA and SOBRATA for the quartet of the San Tomas Expressway building are compatible with the company’s recent expansion when riding the waves of the artificial intelligence.
According to the CompStak CommermerCial Property database, NVIDIA agreed to purchase from 125,000 square feet from SOBRATO.
NVIDIA is currently leasing all four buildings from Sobrat. The SAN TOMAS Expressway bridge is linked to the company’s main headquarters campus and NVIDIA’s buying building.
With the recent increase in technology industry leases and real estate purchases, the South Bay Open market has been greatly improved in the last three months of 2024.
Initially issued: January 30, 2025 5:30 am PST
