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New York Investor Scoops Up Silicon Valley Tech Headquarters

W.P. Carey Closes on Velodyne Lidar Office Campus for More Than $51 Million

New York-based W.P. Carey has closed on a flex office property leased entirely to radar-based technology company Velodyne Lidar. (CoStar)
New York-based W.P. Carey has closed on a flex office property leased entirely to radar-based technology company Velodyne Lidar. (CoStar)

Pandemic-weary real estate investors may be toeing a cautious line nationwide, but they are racing to buy tech-leased properties in Silicon Valley and plant a stake in the region's anticipated rebound.

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