Hines investe in un campus industriale e manifatturiero nella Silicon Valley in California

Hines, the inter­na­tion­al real estate firm, announced today that Hines Glob­al Income Trust, Inc. has acquired the Advanced Manufacturing Portfolio (“AMP”), a 417,000-square-foot industrial and manufacturing campus, in Santa Clara, California.

The AMP is currently 100% leased to 10 tenants and pro­vides a combination of light manufacturing and research and development (“R&D”) space. The four-building campus provides mission-critical space for tenants with business in the technology industry. The strategic location in the heart of Silicon Valley provides proximity to major technology tenants, as well as the premier high-tech talent pool.

The transaction increases Hines Global’s industrial presence worldwide. “We’re excited to further diversify our global portfolio and provide our investors with exposure to a well-located, strategic asset in the dynamic Silicon Valley market,” said Janice Walker, Chief Operating Officer of Hines Global Income Trust. “This is our third industrial and logistics closing in the past 90 days, and we continue to actively seek opportunities in the space.”

Demand for this type of space in Silicon Valley has continued to grow in recent years, while availability has simultaneously diminished. “We believe in the long term supply/demand fundamentals of this product type, which have proven to be resilient to the economic downturn,” said Sam Cheikh, managing director in the Hines Bay Area Office.

Hines has been invest­ing and devel­op­ing in the industrial real estate sec­tor since 1957 with a glob­al track record of 314 projects in 12 coun­tries. Glob­al­ly, the firm has acquired 38 mil­lion square feet of space and devel­oped 45 mil­lion square feet (with 8 mil­lion square feet of projects cur­rent­ly in design or under devel­op­ment) in the sector.

Source : Company