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Drawbridge Realty buys a 180K SF Sunnyvale office building for $219M

The fully leased Sunnyvale property at 100 Altair Way is priced at $1,213 per SF and is leased to Databricks.

Reported · Written up by our desk · Industry

Drawbridge Realty acquired a fully leased, two-year-old office building in Sunnyvale, California for $219M, or $1,213 per SF, according to Bisnow.

The purchase covers 180K SF at 100 Altair Way and is leased to Databricks, which the same outlet said expanded its presence in the South Bay after earlier activity tied to its San Francisco headquarters.

Bisnow also noted the deal reflects how AI-driven demand is lifting Class-A office prices across Silicon Valley, and it compared the acquisition to a prior September transaction in Sunnyvale.

The outlet said a Bluerock affiliate paid $330M, or $1,034 per SF, for an eight-story office building at 1133 Innovation Way earlier in September.

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