Sep
05

Carlyle Group Snags $85M for San Jose Campus

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The company has secured the five-year, floating-rate loan to refinance 4300 and 4400 North First St., two Class A office buildings situated in the Innovation Triangle submarket of Silicon Valley.

The Carlyle Group has secured a five-year, $84.8 million floating-rate loan to refinance 4300 and 4400 North First St., a two-building Class A office campus in North San Jose, Calif. HFF arranged the financing.

Originally completed 17 years ago, the two properties are both three-story, steel-framed office buildings boasting 63,000-square-foot floorplates. Cisco Systems originally designed the campus, and Carlyle acquired the property a decade ago. In 2009, the company landed Harmonic Inc. as the anchor tenant for 4300 N. First St…

Carlyle Group Snags $85M for San Jose Campus

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