A group of investors headed by New York-based DRA Advisors has purchased a portfolio of buildings in Silicon Valley in a deal totaling $222M with affiliates of Blackstone.
The portfolio, a mix of office, commercial and industrial properties, includes two buildings in San Jose, four buildings in Santa Clara and four buildings in Milpitas, according to a report in the San Jose Mercury News.
In Milpitas, the DRA-led group paid $75M to buy four buildings encompassing a total of 302K SF at 901, 1001, 1123 and 1151 Cadillac Court.
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