An unexpected nine-figure offer from a foreign investor has touched off a bidding war for AI chipmaker Nvidia's 550K SF headquarters complex in Santa Clara, a seven-building campus that includes data centers.
The owner, Los Angeles-based Preylock Holdings, has tapped Newmark to represent the property-which comes with 2M SF of development rights-in a potential sale that may be valued as much as $400M.
Steve Golubchik, Newmark's executive vice chair, told the San Francisco Standard that the sellers have received multiple inquiries from other interested parties.
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