May 26, 2026 09:42

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Santa Clara Office Hub Sold for $310 Million

August, Santa Clara, real estate, economy, housing, Sonoma County, Santa Clara County, Money

A major office complex in Santa Clara has been sold for $310 million, the largest such deal in Silicon Valley this year. - The Great America Commons, adjacent to the Great America amusement park, was purchased by Ellis Partners and Baupost Group.

- The sale price is 42.4% above the assessed value, boosting potential property tax revenue. - Tenants include the San Francisco 49ers, Texas Instruments, and Fujitsu Research.

- This is the second-largest Bay Area office deal in 2026, after the Transamerica Pyramid sale. The transaction reflects a rebound in South Bay office leasing activity.

This story was originally reported by eastbaytimes. Read the original article here.

Summarized by CaliforniaToday AI.

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AugustSanta Clarareal estateeconomyhousingSonoma CountySanta Clara CountyMoney
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