Glaser Weil represented Hollywood producer and director Ivan Reitman in a commercial real estate acquisition totaling $240 million. The seven-building, 626,233 square foot corporate office campus is located in Santa Clara, California—one of the top R&D centers in the world and home to several high-tech giants. The property has been fully leased by Nvidia—a designer of graphics processing units and Futurewei—a telecommunications equipment company. The companies are regarded as two of the most innovative in the world.
The acquisition was a joint venture with Preylock Real Estate Holdings a Los Angeles-based real estate investment firm.
The Glaser Weil team involved with the acquisition included Roger Howard (Co-Chair, Real Estate Department, and Chair, Corporate Department), Saul Breskal (Partner, Real Estate), Stewart Hayes (Associate, Real Estate) and Brie Dorfman (Associate, Real Estate).