SUNNYVALE, CA—The Jay Paul Co. is buying more property in Sunnyvale.

The developer has purchased a 15.67-acre, three-building office complex in Sunnyvale from Arden Realty, according to The Silicon Valley Business Journal. The price was not disclosed.

The complex, near Highway 237 and Crossman Avenue, is fully leased to Medtronic Corp., but the medical device maker currently occupies only one building and has about a year and a half left on its lease.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.