May 3, 2021
955 & 965 East Arques Sold
Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the sale of 955 & 965 East Arques Avenue (“Arques” or the “Property”) on May 3, 2021. An affiliate of Atlantic Creek and its joint venture partners (the “JV”) acquired Arques in May 2014. The Property is comprised of one two-story class B+ office building of institutional quality and one single-story class B office/R&D building, that consist of approximately 85,454 square feet.
The property is located within the “Silicon Valley” market and benefits from a large number of technology companies in the area, including Apple, Google, Applied Materials, Intel, Linked-In, Cisco and Oracle. The property is in a superior location within Sunnyvale, which offers multiple amenities, and transportation options. The Lawrence Caltrain station is within one mile and the Santa Clara Light Rail system is also nearby. In addition, the property is less than a half-mile from the Central Expressway, Lawrence Expressway, and Highway 101, providing direct access to the rest of Silicon Valley and the Bay Area.
Atlantic Creek has offices in New York, NY and Palm Beach, FL and targets direct and joint venture investments in opportunistic and value add multi-family, office, and other property types primarily located on the East and West Coasts of the U.S., Texas, and other select U.S. markets.
For further information on new acquisitions and joint venture opportunities, please contact Jon Trucano, Senior Vice President, at (561) 275-7702.