Land Assemblage & Office Redevelopment, Sunnyvale, CA

Land Assemblage & Office Redevelopment

Sunnyvale, CA

Kinship acquired four office buildings in the Peery Park submarket of Sunnyvale in 2013, 2014, and 2015. The submarket is considered highly desirable for office and R&D use due to its proximity to major transportation arteries and the corporate headquarters of some of the world’s largest companies. The combined properties represent one of the most strategically significant land parcels in Peery Park, which was recently rezoned under the Peery Park Specific Plan for increased density and redevelopment. Ownership obtained entitlements to significantly increase the density on the properties in a planned office redevelopment.