Rubicon Point Partners (RPP) has acquired Wolfe Square, a Class A, 117,795-square-foot multi-tenant office and medical campus located adjacent to Apple’s global headquarters in Cupertino. Although the buyer didn’t disclose the acquisition price, the Silicon Valley Business Journal recently reported it as more than $50 million.
“Wolfe Square represents exactly the type of quality investment in a quality location that defines our investment strategy,” said Ani Vartanian, RPP co-Founder & managing director. “This is a community-critical building with institutional-grade tenancy, a proven rent roll, and a location that simply cannot be replicated. We are proud to steward this asset for years to come.”
RPP plans to bring its UnCommon hospitality platform to the property. Will Connors, Dan Renz & Michael Manas of JLL represented the seller in the transaction. Bob Simpson and Erik Hallgrimson of Cushman & Wakefield serve as the leasing brokers for the property.
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