Ellis Partners and the Baupost Group Acquire Great America Commons, a Premier 635,000-Square-Foot Silicon Valley Office/R&D Campus in Santa Clara

SANTA CLARA, CA – Ellis Partners and Boston-based investment manager The Baupost Group announced today that they have finalized the purchase of Great America Commons, one of Silicon Valley’s premier multi-tenant office projects.

The two high-powered Class-A office and R&D buildings total approximately 635,000 square feet and are located at 4555-4655 Great America Parkway in Santa Clara, California.

The seller was PGIM, the global asset management business of Prudential Financial, Inc. The purchase price was not disclosed.

The asset is currently 77 percent leased to a diversified roster of tenants, including Texas Instruments, Ampere Computing, and the San Francisco 49ers. Great America Commons showcases the results of recent capital investments, centered on a state-of-the art solar-powered, net zero-energy amenity building with full-service café, an indoor/outdoor fitness center, and shared conferencing rooms. The campus includes 2.5 acres of outdoor meeting and recreational spaces featuring sports courts, a game lawn, an outdoor theater, in addition to other gathering areas.

Great America Commons occupies a strategic position within the rapidly evolving Santa Clara Stadium corridor, which has become a leading corporate destination in Silicon Valley. The campus benefits from proximity to industry leaders, including Nvidia, Amazon, Zscaler, Johnson & Johnson, Applied Materials, and Intel, creating a concentrated ecosystem that continues to attract high-caliber companies and reinforcing long-term tenant demand in this premier business destination.