237 @ First_Property for Sale
237 @ First_Property for Sale
4353, 4453 N First Street, San Jose, CA, 95134-1259, US

237 @ First

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor is pleased to present the opportunity to acquire the 100% fee simple interest in 237 @ First (“237 @ First”, “4353-4453 N. First Street”, “the Campus” or “the Property”)—a premier Silicon Valley Campus featuring two recently constructed office buildings with high-end finishes, expansive outdoor amenities, and a dedicated on-site fitness center and café.


Strategically positioned at the highly accessible 237 and N. First Street interchange on the Santa Clara/North San Jose border, the Campus is 87% leased with a diversified, high-quality tenant roster and a weighted average remaining lease term of 5.0 years. The Property requires minimal near-term capital expenditure, with only two vacant market-ready suites including a fully furnished, turnkey floor positioned to capture immediate leasing demand.


This LEED Gold-certified, institutionally managed asset is well-positioned to benefit from the continued flight to quality in a competitive leasing environment. The Campus distinguishes itself through advanced technology integration, comprehensive indoor and outdoor collaboration environments, modern amenities & building systems, and high physical utilization across its quality tenant base.


237 @ First offers investors the opportunity to acquire one of Silicon Valley’s most amenity-rich and modern office Campuses—a property that meets the evolving demands of today’s premier tenants while positioned for sustained value creation in the heart of Silicon Valley’s Golden Triangle.

...

Attributes

Occupancy
87%
Year built
2019
Building area net
370,377 sf
Land area net
16.8 acres
WALT
5 years

Media

Investment Highlights

  1. AMENITIZED TROPHY OFFICE CAMPUS POSITIONED TO CAPTURE FLIGHT-TO-QUALITY DEMAND
  2. HIGH PHYSICAL UTILIZATION WITH DIVERSIFIED, A+ TENANT ROSTER
  3. STRONG IN-PLACE CASH FLOW WITH 5.0-YEARS WALT AND UPSIDE VIA MARKET RENT GROWTH
  4. BLOOM ENERGY HQ—8X MARKET CAP GROWTH YOY
  5. DIRECT PROXIMITY TO ONE OF SILICON VALLEY’S TOP RETAIL CENTERS
  6. ZERO NEW SPEC CONSTRUCTION IN THE SILICON VALLEY OFFICE PIPELINE
  7. MINIMAL CAPITAL REQUIRED AS ONLY VACANCIES ARE MARKET-READY SUITES
  8. BURGEONING 237 CORRIDOR LOCATION WITH ADJACENCY TO GOOGLE
237 @ First 4_Property for Sale
237 @ First 4_Property for Sale

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237 @ First (0 Properties)

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Last updated Jul 30, 2026