785-787 N. Mary Avenue, Sunnyvale, CA

  • 78,623 sf R&D building located in the heart of Silicon Valley in Sunnyvale, CA.
  • Property sits directly across from Irvine Company’s future 1.3 million square foot Pathline Park project.
  • Credit tenancy – 100% leased to global technology credit tenant with medium term lease in place.
  • Leased at below market rents in one of the tightest office markets in the country.
  • Peery Park Sunnyvale boasts a 1.8% R&D vacancy – major tenants in the submarket include LinkedIn, Mercedes, Nokia, Volvo, Synopsis, Proofpoint and Corning.
  • Tenant has recently invested significant capital into their space to achieve a modern open office floor plan.
  • Purchase price of approximately 60% of replacement cost.
  • Upon lease maturity, Graymark expects to roll rents to market.
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