{"id":1004754231,"date":"2025-04-14T00:49:11","date_gmt":"2025-04-14T08:49:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004754231"},"modified":"2025-04-15T04:29:17","modified_gmt":"2025-04-15T12:29:17","slug":"linkedin-buys-silicon-valley-asset-for-75m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/","title":{"rendered":"LinkedIn Buys Silicon Valley Asset for $75M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004754235\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/1022-w-maude-ave-in-sunnyvale-calif-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1022 W Maude Ave. in Sunnyvale, Calif.\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg?w=640\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg\" alt=\"Exterior shot of the 120,000-square-foot research and development office building at 1022 W. Maude Ave. in Sunnyvale, Calif.\" class=\"wp-image-1004754235\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">The 120,000-square-foot R&amp;D office building at 1022 W. Maude Ave. came online in 2001. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Networking giant LinkedIn has acquired a 120,000-square-foot research and development building at 1022 W. Maude Ave. in Sunnyvale, Calif. for $75 million, <em>Silicon Valley Business Journal <\/em>reported. Software company Synopsys was the previous owner of the property, CommercialEdge information shows.<\/p>\n\n\n\n<p>The two-story building came online in 2001 and was developed by The Catalyst, according to <em>The Real Deal<\/em>. The low-rise sits on 7 acres and features 60,671-square-foot floorplates and 440 car parking spaces.<\/p>\n\n\n\n<p>The property has access to U.S. routes 237 and 101, while downtown San Jose is some 11 miles southeast. Fellow industry giants Apple, Amazon and Meta also have locations nearby.<\/p>\n\n\n\n<p>The asset is adjacent to the company\u2019s global headquarters, located at 950 and 1000 W. Maude Ave., <a href=\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-global-hq-for-323m\/\">purchased in 2021<\/a> from\u00a0RREEF Property Trust, for $323 million. The firm has occupied the property since 2016, when LinkedIn agreed to take over a lease at the West Maude Avenue campus from Google in a 1 million-square-foot real estate swap.<\/p>\n\n\n\n<p>As of February, office sales reached $7 billion nationwide, with average trading rates of $177 per square foot, a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/commercialedge-office-report-march-2025\/\">CommercialEdge report<\/a> shows. The Bay Area ranked third nationally, with $467 million in transaction activity, trailing behind Manhattan ($1.8 billion) and Chicago ($561 million). The metro&#8217;s vacancy rate clocked in at 26.2 percent, up by 550 basis points over a 12-month period, reflecting current <a href=\"https:\/\/www.commercialsearch.com\/news\/office-industry-trends\/\">office real estate trends<\/a> in the area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property is adjacent to the company&#8217;s headquarters.<\/p>\n","protected":false},"author":3619,"featured_media":1004754235,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,21742,21747,36079,15],"tags":[41180],"class_list":["post-1004754231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-latest","category-office","category-san-jose","category-west","tag-linkedin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LinkedIn Buys Silicon Valley Asset for $75M - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"LinkedIn acquired a 120,000-square-foot research and development office building at 1022 W. Maude Ave. in Sunnyvale, Calif., for $75 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LinkedIn Buys Silicon Valley Asset for $75M\" \/>\n<meta property=\"og:description\" content=\"LinkedIn acquired a 120,000-square-foot research and development office building at 1022 W. Maude Ave. in Sunnyvale, Calif., for $75 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-14T08:49:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-15T12:29:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maria Maruta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/\",\"name\":\"LinkedIn Buys Silicon Valley Asset for $75M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/linkedin-buys-silicon-valley-asset-for-75m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/1022-W-Maude-Ave.-in-Sunnyvale-Calif-edited.jpg\",\"datePublished\":\"2025-04-14T08:49:11+00:00\",\"dateModified\":\"2025-04-15T12:29:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\"},\"description\":\"LinkedIn acquired a 120,000-square-foot research and development office building at 1022 W. 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