{"id":1004199621,"date":"2017-12-07T07:12:37","date_gmt":"2017-12-07T15:12:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004199621"},"modified":"2022-12-08T16:44:24","modified_gmt":"2022-12-09T00:44:24","slug":"san-jose-office-tower-lands-200m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/san-jose-office-tower-lands-200m\/","title":{"rendered":"San Jose Office Tower Lands $200M"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004199626\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004199626\" data-attachment-id=\"1004199626\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/san-jose-office-tower-lands-200m\/hqfirst\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;Todd Quam&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1367490070&quot;,&quot;copyright&quot;:&quot;Image copyright held by Todd Quam, Digital Sky Aerial Imaging (916) 803-2844&quot;,&quot;focal_length&quot;:&quot;17&quot;,&quot;iso&quot;:&quot;500&quot;,&quot;shutter_speed&quot;:&quot;0.004&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"HQ@first\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;HQ@first&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg?w=800\" class=\"wp-image-1004199626 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg\" alt=\"HQ@first\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HQ@first.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004199626\" class=\"wp-caption-text\">HQ@first<\/p><\/div>\n<p>Lane Partners has secured $200 million for the acquisition of HQ@first, a three-property creative office tower in San Jose. NKF Capital Markets arranged the financing placed with Blackstone Mortgage Trust.<\/p>\n<p>Located at 110, 120 and 130 Holger Way, the 603,666-square-foot, Class A asset was constructed in 2010 and is situated on just under 10 acres. The LEED Gold certified property features landscaped paths, views of the bay and hills, patio areas, a fitness center with locker rooms, executive business center, natural light, outdoor barbecue, basketball court, game room and 300-plus seat cafeteria.\u00a0<\/p>\n<p><em>&#8220;Given the strength of the sponsorship and quality of the asset, the debt markets showed a strong interest in this opportunity,&#8221;<\/em> said Ramsey Daya, vice president of NKF Capital Markets, in prepared remarks. <em>&#8220;HQ@first is truly a trophy asset that is San Jose&#8217;s most walkable and amenitized campus. We see this project gaining even more momentum and value over the coming years as the Silicon Valley market continues its upward growth.&#8221;<\/em><\/p>\n<p>HQ@first is adjacent to multiple VTA Light Rail stations that connect to Caltrain, AMTRAK, ACE Train, and eventually BART. The property offers access to the @first retail center across the street. @first tenants include Chipotle, Chick-Fil-A, Five Guys, Panera, Coffee Bean, CVS, Target, Chase, Courtyard by Marriott and Hyatt House.<\/p>\n<p>Daya, along with Managing Director\u00a0Chris Moritz\u00a0of the debt and structured finance team\u00a0executed the financing. Recently,\u00a0NKF Capital Markets represented Felton Properties in the sale of 400 Sixth Ave., a Class A <a href=\"https:\/\/www.commercialsearch.com\/news\/portland-office-tower-commands-68m\/\">office tower in Portland<\/a>, Ore.<\/p>\n<p><em>Image courtesy of NKF Capital Markets\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NKF Capital Markets arranged the acquisition financing on behalf of Lane Partners for HQ@first, a 603,666-square-foot, three-property creative office tower. <\/p>\n","protected":false},"author":746,"featured_media":1004199626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21783,21742,21747,36079,15],"tags":[35941,32779,36007],"class_list":["post-1004199621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-investment","category-latest","category-office","category-san-jose","category-west","tag-blackstone-mortgage-trust","tag-leed","tag-newmark-knight-frank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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