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Bay Area Tech Company Lands $58 Million Sale-Leaseback Deal for Silicon Valley Office Complex

Synaptics Shifts From Owner-User to Tenant After Selling San Jose, California, Portfolio
Technology hardware company Synaptics sold the San Jose, California, office complex housing its global headquarters for nearly $60 million. (CoStar)
Technology hardware company Synaptics sold the San Jose, California, office complex housing its global headquarters for nearly $60 million. (CoStar)
CoStar News
February 11, 2022 | 1:31 AM

A Silicon Valley tech company is taking advantage of rising investor demand and accelerating property values in the region with a deal to sell its global headquarters and lease the space back from the new owner.

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