Catalyst
Peery Park, Sunnyvale, CA

Catalyst is a 14.4-acre, shovel-ready commercial development site comprised of three existing single-story office structures and a fourth site fully entitled for ~185,000 square-feet of new office product. The project is well-located in the heart of Sunnyvale’s Peery Park district surrounded by nationally recognized technology leaders like Google, Microsoft, LinkedIn, Apple, Amazon, Nokia, Synopsys and Symantec. Less than 5 minutes from Highway 101 and Route 237 and only 1 mile from the Downtown Sunnyvale Caltrain station, the project offers direct access to the area’s primary transportation arterials. Upon acquisition in second quarter 2019, Harvest began construction on the first of what will ultimately be three new four-story Class A office buildings. Upon acquisition in second quarter 2019, Harvest began construction on the first of what we ultimately be three Class A office buildings. When completed, the project will consist of ~625,000 square-feet across the three new, four-story state-of-the-art buildings and one, single-story building. Given healthy demand levels and lack of existing supply in the Silicon Valley, Harvest expects to leverage the team’s development expertise and strong local relationships to successfully build and lease this project.

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Location
Peery Park, Sunnyvale, CA
Acquired
April 2019
Size
185,000 sq. ft.
Status
Current Investment