Close of Escrow: Milpitas Office Park in Milpitas, CA

SIG is pleased to announce the recent closed transaction of Milpitas Office Park in Milpitas, California.

Investment Highlights Include:

100% Occupied – 4 Tenant Office Industrial Building
Annual Rent Increases of All Four Leases
All Tenants Pay 4% Management Fee
Ample Parking (2.5 to 1000 Ratio)
Property is Equipped with 80% Drop Ceilings, Plug-N-Play with Phone System, Kitchen in Space, Lab Conference & Storage Space, One Dock and Grade Level Door
Excellent Access to I-680 (164,000+ VPD) and I-880 (177,000+ VPD)
Located Within Close Proximity to Retail and Restaurant Corridors
Signalized Intersection with Excellent Front Street Exposure with Strong Traffic Counts – N. Milpitas Blvd. & E. Calaveras Blvd. 84,000+ VPD
Milpitas Ranks First in the United States with the Largest Percent of Residents Employed in the Computer and Electronics Industry
Daytime Population of Milpitas Increases by 20% due to Large Work Population. Milpitas is Home to Adaptec, Linear Technology, Cisco Systems, Phoenix Technologies, Among Others
1 Mile from the Great Mall – Home Depot, Dave & Busters, Outback, Olive Garden and BevMo!