SUNNYVALE, CA—Serving as Fujitsu's headquarters since completion in 1974, the Fujitsu Campus, a six-building office and R&D campus totaling 313,740 square feet, has been sold for $104 million. The seller was WJFS and the buyer was Lane Partners.
The property offers a rare repositioning opportunity as Fujitsu phases out of the campus and relocates to a self-owned facility at 350 Cobalt Way. Fujitsu will be vacating the campus in the latter half of 2021, GlobeSt.com learns.
JLL's capital markets team members representing the seller included Will Connors, Daniel Renz, Michael Manas, Bart Lammersen, Kyle Caldwell and Toss Vallentine. The JLL debt team led by Jordan Angel is working with the sponsor to secure acquisition financing on the asset. JLL also procured the buyer.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
