285 Sobrante Way, Sunnyvale, CA, 94086, US

285 Sobrante

Asset Description

PUBLIC NOTICE OF SALE

ON THURSDAY, MAY 1, 2025, AT 9:00 AM AT THE SANTA CLARA SUPERIOR COURT, OLD COURTHOUSE, DEPT. 18B, 161 N FIRST ST, SAN JOSE, CA 95113, THE REAL PROPERTY LOCATED AT 285 SOBRANTE WAY, SUNNYVALE, CA 94086 WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $34,700,000. BIDDERS SHOULD CONTACT THE COURT RECEIVER AT LEAST 2 BUSINESS DAYS BEFORE THE HEARING TO PREQUALIFY TO BID BY: (1) SIGNING THE RULES FOR CONFIRMATION AND OVERBID HEARING; (2) PROVIDING PROOF OF FUNDS AS TO THE BIDDER’S HIGHEST BID; (3) PROVIDING A $3,500,000 DEPOSIT VIA CASHIER’S CHECK OR WIRE/ACH. ALL BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $3,500,000 DEPOSIT BACK FOLLOWING THE HEARING. PREQUALIFIED BIDDERS MAY APPEAR IN PERSON OR REMOTELY.

CALL BROKER WILL CONNORS AT 650-480-2222 FOR DETAILS.

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Investment Highlights

Newly constructed, Class A, LEED Gold Certified office asset at a significant discount to replacement cost.
Located amongst the world's most diverse and dominant technology tenant base.
Premier rail served office property providing efficient access for tenants and their employees.
Steps from Cityline Sunnyvale, newly constructed mixed-use development offering best-in-class amenities.
Prime Silicon Valley location with broad transportation access via Highway 101, 237, and Caltrain.