Premier Business Centers




The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 12, 2022
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?





NORTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
BD Leases 240k sf at Silicon Valley Office/R&D Campus

5/24/22

BD (Becton, Dickinson and Company), one of the largest medical technology companies in the world, has signed a long-term lease for 240k sf at Park Point, a creative office/R&D campus located at 115, 135 and 155 North McCarthy Blvd in the Silicon Valley city of Milpitas. BD Biosciences will occupy the entirety of the 155 North McCarthy building and almost half of the 135 North McCarthy building.

Located in the heart of Silicon Valley, Park Point is a three-building corporate campus comprising one, two-story and two, three-story steel-framed office/R&D buildings totaling approximately 472k sf. HOK, a global design, architecture, engineering and planning firm, was the lead on the project’s recent revitalization as a contemporary, amenity-rich workplace.

Park Point is owned by a venture of Embarcadero Capital Partners and PCCP LLC. The project offers large, efficient floor plates that are ideal for enabling innovation-based companies. The campus also features a wide array of outdoor collaborative and amenity spaces in addition to a convenient location near the intersection of Hwy 237 and Interstate 880 in Silicon Valley.

Conveniently situated adjacent to VTA light rail and the new Milpitas BART Station, Park Point’s location is optimal for companies looking to recruit and retain top Bay Area talent from the East Bay, Peninsula, and South Bay labor markets. The project is within easy walking distance of more than 50 restaurants, retail, service and hotel amenities.

“HOK designed the extraordinary re-invention of Park Point featuring both indoor and outdoor amenities including a fitness center, outdoor kitchen and BBQ, pickleball court, volleyball court, basketball court, redwood grove with social fire pit terraces, picnic areas, custom ping-pong tables and outdoor collaboration areas with meeting tables and both lounge and café seating” noted Carol Donnelly, Director of Leasing at Embarcadero Capital Partners.

Jeff Arrillaga, Michael Saign and Shawn Kellenberger with Newmark the property ownership in the transaction. JLL’s Jodie Matthews, Steve Clark, Grant Dettmer and Joe Long repped the tenant. Terms of the deal were not disclosed. We’re told that at present there is just over 100k sf still available at the campus.





Return to the previous page


 


 


 
 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2022 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media