Northern Nevada – Ellis Partners is pleased to announce the groundbreaking of our next data center development: a 30 MVA state-of-the-art, liquid-cooled data center project in northern Nevada. This marks our second collaboration with Colovore, a pioneer in high-power-density colocation facilities. We are proud of our longstanding relationship with the Colovore team, and we look forward to continuing our role in Colovore’s impressive growth. Thanks to our talented design and construction partners at Devcon Construction, Tectonics Design Group, Ware Malcomb, UES, and Simpson Gumpertz & Heger.
What’s New
Ellis Partners Announces Acquisition of Mathilda Tech Park in Sunnyvale
Sunnyvale, CA – San Francisco-based Ellis Partners LLC announced today that it has finalized the purchase of the Mathilda Tech Park in Sunnyvale, California. The purchase price was not disclosed. The property consists of two buildings totaling 105,000 square feet and framing a private shared courtyard and green space, one at 755 North Mathilda Avenue and a second at 680 Vaqueros Avenue, on a 5-acre campus. “We are thrilled to acquire Mathilda Tech Park and add it to our portfolio of Silicon Valley properties,” said Jim Ellis, co-founder and managing principal of Ellis Partners. “We are planning a significant renovation and …
Ellis Partners and Flynn Properties Complete Acquisition of San Francisco Office Building
SAN FRANCISCO, CA (August 20, 2024) –– Flynn Properties and Ellis Partners, two of California’s leading real estate investment firms, today announced their acquisition of a 109,000-square-foot historic office building in San Francisco’s South Financial District. The LEED Platinum and Energy Star rated property is located at 631 Howard Street and offers five floors of Class A creative office space. Reflecting Ellis Partners’ and Flynn Properties’ belief in the city’s post-pandemic recovery, the joint acquisition comes at a time when many investors are still harboring a bearish outlook on San Francisco’s commercial real estate market. Fully leased to SC Johnson and …
Ellis Partners delivers mass timber, LEED platinum buildings for YouTube’s headquarters expansion
San Bruno, CA – Ellis Partners is proud to announce that YouTube’s headquarters expansion, which includes two mass timber buildings at 1400 and 1450 Bayhill in San Bruno, is certified #LEEDPlatinum! The 6.5 acre campus also includes 2.8 acres of pollinator supportive planting areas, a 391,000 gallon rainwater harvesting system which makes it possible to divert up to 1.3M gallons of water per year, and a 5.3 MWH battery microgrid which is expected to generate 1.4MW of solar energy. Using sustainably sourced mass timber and other low-carbon materials is estimated to have reduced the carbon emissions by nearly 22,000 metric …
Ellis Partners Announces Acquisition of 200 Middlefield in Menlo Park
San Francisco, CA – Today, Ellis Partners announced the acquisition of 200 Middlefield Road in Menlo Park, CA. The Class-A office building is located in the epicenter of Silicon Valley – home to top venture capital and the nearby start-up ecosystem. The purchase price was not disclosed. The boutique office building was originally built in 1967 as the Mills Building, and fully reconstructed in 2012. The property offers 43,082 sq. ft. of best-in-class space, an above market parking count, as well as equidistant access to both Downtown Palo Alto and Downtown Menlo Park for retail, amenities, and Caltrain stations. “We are thrilled …
SHoP Architects-Designed YouTube HQ Expansion Approved By San Bruno City Council
BY: ANDREW NELSON 5:30 AM ON OCTOBER 22, 2021 San Bruno, CA- The San Bruno City Council has approved plans for Google to expand YouTube’s headquarters with over two million square feet of office space, potential housing, shops, and a hotel as part of the Bayhill Specific Plan. The project will extend across five separate phases. Phase one starts with SHoP Architects-designed offices at 1300 Bayhill Drive and 1350 Grundy Lane, San Bruno, San Mateo County. The nearly half a million square foot phase. HLW is the architect of record. Youtube CEO Susan Wojcicki published a press release celebrating the approval, stating that “through the full development plan, YouTube’s …
CBRE Capital Markets Arranges Sale & Financing of a Creative Office Building in San Francisco
San Francisco, CA – CBRE Capital Markets’ announces the sale and financing for a creative office building at 153 Townsend Street. The nine-story, 179,000 square-foot Class A building is located across from Oracle Park in the SOMA district of San Francisco. CBRE’s San Francisco Investment Sales team, comprised of Mike Taquino, Kyle Kovac, and Giancarlo Sangiacomo, advised on the transaction with the Seller American Realty Advisors and the Buyer Ellis Partners. The purchase is the first investment in Ellis Partners’ EPNY investment vehicle which was formed to acquire and manage core office, industrial and retail properties in the San Francisco Bay …
Real Estate Allies Buy Choice Downtown Oakland Site, Eye New Tower
OAKLAND, CA — A prime site for development in downtown Oakland has been bought by real estate allies that are eyeing the property as the location of a modern office tower. The property where the office high-rise could sprout is located at 1919 Webster St. at the corner of 19th Street in downtown Oakland. Ellis Partners, a veteran Bay Area developer, and Intercontinental Real Estate, a real estate firm with a nationwide reach, have teamed up to buy and develop the property. The development alliance paid $23.5 million for the property, according to documents filed on April 2 with the Alameda County Recorder’s …
Ellis Partners Closes New $200 Million Core Venture
San Francisco, CA: Ellis Partners announced today that it has closed a new separate account investment vehicle with a $200 million equity commitment from the New York State Common Retirement Fund (“NYSCRF”). The joint venture will focus on acquiring and managing core office, industrial and retail properties in the San Francisco Bay Area. Ellis Partners received the direct investment from NYSCRF after being selected as a successful graduate of NYSCRF’s emerging manager program. “We are honored to have this opportunity to continue our work with NYSCRF in this new long-term venture. We look forward to working with the Bay Area real estate …
Regency Centers Acquires Iconic Shopping Center at The Pruneyard
Campbell, CA – Today, Regency Centers Corporation (“Regency”) (NASDAQ:REG), the preeminent national owner, operator, and developer of shopping centers, has announced the acquisition of 258,000 square feet of prime Silicon Valley retail located in the iconic mixed-use project known as The Pruneyard. Originally built in the 1960s, The Pruneyard quickly became a Silicon Valley landmark, evolving over the years and recently undergoing a substantial renovation. Anchored by Trader Joe’s, it is located at the highly-trafficked intersection of Campbell Avenue and Bascom Avenue, adjacent to State Route 17. The Pruneyard sits in close proximity to the West Valley’s most affluent neighborhoods, drawing …