860 & 890 Hillview Court Milpitas, CA 95035
Building Size: 112,306 SF
Lot Size: 5.28 AC
Property Type: Office
Building Class: A
CBRE, as exclusive advisor, is pleased to present the outstanding opportunity to acquire the fee simple interest in Hillview Executive Park (the Property or Buildings ), two Class A office buildings totaling 112,306 square feet located in Milpitas, California just off
the intersection of Interstate 680 and Highway 237. The Project is 95% leased to tenants representing a wide variety of industries,
with the majority of tenants accounting for no more than 5% of the net rentable area, providing cash flow diversification and security in the near-term. Moreover, the rollover pattern and below market leases provide for a consistent and measured exposure to an improving rental rate environment, creating stable income growth over time. The offering is being made unpriced and on an as-is, where-is basis.
The Property is centrally located in Milpitas just off the intersection of Interstate 680 and Highway 237, with excellent access to Silicon Valley, the East Bay and the Greater Bay Area. Additionally, there is an abundance of nearby amenities including the Embassy Suites hotel next door and over 10,000 new residential units recently completed in the Milpitas and North San Jose corridor.