601 McCarthy_Property for Sale
601 McCarthy_Property for Sale
601 McCarthy Blvd, Milpitas, CA, 95035-7932, US

601 McCarthy

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor is pleased to present the opportunity to acquire the 100% fee simple interest in 601 McCarthy (“the Property”)—a premier Silicon Valley R&D building fully leased to KLA Corporation (NASDAQ: KLAC). The Property features a recently expanded data center and is located a short walk from the company’s global headquarters.


Strategically positioned on the Milpitas and North San Jose border, the Property is 100% leased to KLA Corporation, a key supplier in the broader Silicon Valley chip / wafer fabrication process, through April 2037. KLA holds an ‘A-’ credit rating from S&P Global Ratings and has occupied the Property since 2023.


KLA has solidified 601 McCarthy’s role as a critical operational hub, demonstrated by its recent lease extension, major expansion of the on-site data center, and planned tenant investment of $8.3M into the space. Its strategic value is further enhanced by its direct connectivity to KLA’s main headquarters, ongoing relocation of essential R&D and AI business units into the Property, and conversion of storage space to modernized R&D lab facilities. Positioned at the heart of the booming semiconductor industry, this asset directly benefits from the tenant’s growth as they capitalize on the powerful AI wave.


601 McCarthy offers investors the opportunity to acquire a Property strategically located in the Golden Triangle and fully leased to one of the world’s largest and most prominent semiconductor companies.

...

Attributes

Building area net
189,481 sf
Land area net
9.66 acres
Occupancy
100%
WALT
10.7 years
Year built
1998
Year renovated
2017

Media

Investment Highlights

  1. HIGH-QUALITY INVESTMENT GRADE TENANCY (S&P: A-)
  2. LONG-TERM TENANT COMMITMENT TO MILPITAS WITH ADJACENT HQ CAMPUS
  3. RECENT POWER UPGRADE + DATA CENTER IMPROVEMENTS UNDERWAY
  4. CORE SILICON VALLEY LOCATION WITHIN GOLDEN TRIANGLE & MILPITAS HARDWARE CLUSTER
601 McCarthy 4_Property for Sale
601 McCarthy 4_Property for Sale

Contact brokers

601 McCarthy (0 Properties)

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Last updated
22 Apr 2026