Cushman & Wakefield Advises TIBCO Software in Biggest Sale in Palo Alto History

Stanford Research Park Campus Sells for Record Price Cushman & Wakefield's San Francisco offices recently announced that it closed on the sale-leaseback of a 292,000-square foot office / R&D campus located at 3301-3307 Hillview Avenue in Palo Alto’s Stanford Research Park. Morgan Stanley’s Prime Property Fund purchased the property in what was the largest sale transaction in Palo Alto history. Universally recognized as the birthplace of Silicon Valley, Stanford Research maintains a world-renowned reputation for an unparalleled tenant base including the most innovative technology companies as well as many of the top law and financial services firms. TIBCO Software Cushman & Wakefield marketed the property on behalf of TIBCO Software Inc., a global leader in infrastructure and business intelligence software.  Simultaneously with the closing of the sale, TIBCO signed a long term leaseback agreement with the new owner. As a definite sign of the times, the record price paid illustrates [...]

Ellis Partners Appoints C&W’s Silicon Valley Office to Lease 101 Tech

  101 Tech & Ellis Partners Ellis Partners, one of the Bay Area’s most experienced developers recently appointed Cushman & Wakefield as the leasing agent for its 961,000 square-foot campus, 101 Tech, along Orchard Parkway in North San Jose. Cushman & Wakefield’s listing team is comprised of seasoned and talented brokers. Leading all leasing activities are Jeff Cushman, Jim McPhee, Michael McMillan and Scott Dever. 101 Tech’s existing 296,000 SF newly renovated Class A office/R&D building boasts efficient floor plates and robust infrastructure for extraordinary cost savings.  It is also fully-entitled for an additional 665,000 square feet within three proposed Class A office buildings that have unparalleled freeway visibility from Highways 101 and 87.   101 Tech Video: Now Live on YouTube and Vimeo “Across the Bay Area, Ellis Partners has enjoyed great success with Cushman & Wakefield in leasing several of its Bay Area assets. Now that we’ve completed the renovation [...]