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1/07/26
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DivcoWest and Grove Real Estate Partners have purchased The Campus at Trimble, a 253k sf R&D campus in North San Jose, for $63.6 mil ($251/sf). The property is located at 375-441 West Trimble Rd, just northeast of Hwy 101.
The Campus at Trimble consists of a mix of four single- and two-story Class A buildings which were completely renovated over the last several years. The buildings collectively feature 8,000 amps of power service, generous clear heights, efficient floor plates, ample at-grade loading with modern base building systems and tenant improvement build outs.
Designed with today’s workforce in mind, the campus offers a range of amenities that promote collaboration and employee engagement, including meeting pods, fire pits, a bocce ball court, and roll-up doors that create seamless indoor-outdoor work environments, along with ample parking at a 3.5/1,000 ratio.
The campus is occupied by AutoX Technologies, an autonomous driving company, Cepton, a developer of Lidar-based automotive technology, and Verizon. The property is surrounded by Silicon Valley’s major innovation employers such as Nvidia, Microsoft, Cisco, and Figure AI.
Terms of the off-market transaction were not disclosed. Newmark represented the seller in the deal.
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