GLENDALE, CA--(Marketwired - Dec 19, 2013) - American Realty Advisors, a leading provider of commercial real estate investment management services for institutional investors, announced today the acquisition of 100 View @ Mountain View Station, a two-story office building in Downtown Mountain View, one of Silicon Valley's top submarkets.
Built in 1985, this 45,000 square foot office building has direct access to the Mountain View Caltrain Station and is conveniently located two blocks west from Castro Street's many amenities. With excellent access to a wide variety of restaurants and shopping options, 100 View @ Mountain View Station's prime location also offers tenants an efficient transportation infrastructure. In addition to Caltrain's express 'Baby Bullet' express service to San Francisco and the VTA Lightrail line next door, 100 View is in proximity to Highways US-101, Highway CA 237, Highway CA 85, and El Camino Real. The property features underground parking at a ratio of 2.7 spaces per 1,000 square feet and is currently 100% leased to a range of technology and traditional office tenants.
American's EVP/Executive Managing Director, Kirk Helgeson, stated, "As the economy continues to recover and exhibit signs of increasing stability, we are focusing on high-quality assets in innovation hub markets with strong demand from globally-competitive industries. As dynamic and high performing technology markets like Silicon Valley continue to grow in occupancy and rents, the acquisition of 100 View @ Mountain View Station represents the opportunity to acquire a quality asset in an outstanding location and create value for our clients over the long term."
American Realty Advisors
American is an investment advisor and a leading provider of real estate investment management services to institutional investors. With over $5.8 billion in assets under management, American has provided real estate investment management services to institutional investors for over 25 years utilizing core and value-added commingled funds and separate accounts. The firm's portfolios include office, industrial, multi-family, retail, and other properties nationwide, all of which are managed on behalf of American's clients. More information regarding American can be found at www.americanreal.com.