Tech company sells big South Bay campus to veteran real estate firm
https://www.siliconvalley.com/2025/04/10/tech-economy-south-bay-milpitas-real-estate-chip-property-build-home/
MILPITAS — A tech giant has sold a big South Bay campus to a veteran real estate firm in a $40 million-plus deal that points to a nosedive in values for Bay Area office buildings.
Analog Devices has sold a five-building office and research campus in Milpitas to an affiliate of Goodman Group, which paid nearly $40.4 million for the five-building tech complex, according to documents filed on April 7 with the Santa Clara County Recorder’s Office.