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Hines Global Acquires Silicon Valley Industrial Portfolio

by cpexecutive.com posted 3weeks ago 21 views
DRA Advisors sold the 417,000-square-foot Advanced Manufacturing Portfolio in Santa Clara for $107.1 million. : Hines Global Income Trust, a public, non-listed REIT sponsored by Hines, has acquired the Advanced Manufacturing Portfolio, a massive industrial and manufacturing campus in Santa Clara, Calif. The 417,000-square-foot  asset was acquired for $107.1 million from DRA Advisors, according to a filing with the Securities and Exchange Commission. The AMP, a four-building campus providing light manufacturing and research and development space, is fully leased to 10 tenants.

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