3201 SCOTT BOULEVARD
3201 Scott Boulevard
Santa Clara, CA 95054
Stabilized Class A Office Building
- 66,106 sq. ft. on 3.5 acres
- Two-story, office asset prominently located at San Tomas Expressway and Scott Boulevard in Santa Clara.
- Acquired in 2012 as a value-add unoccupied asset subject to an existing lease with four years remaining lease term.
- Negotiated termination fee with the existing tenant and executed a new long-term NNN lease with Imagination Technologies for its US corporate headquarters (LON : IMG).
- Building was entirely renovated inside and out including new windows, renovated parking lot, HVAC systems, and lobby prior to Imagination Technologies' occupancy.
- Acquired 12/19/2012