FH One Investments purchased the Synaptics headquarters campus for $29.5 million, filing documents with the Santa Clara County Recorder’s Office. The property, assessed at $34 million, spans 111,000 square feet and will have Synaptics as a continuing tenant. Daria Hosseinyoun of FH One noted the investment philosophy focuses on unique assets and favorable market entry points. The acquisition aims to build a portfolio of valuable properties, boosting job creation through lower rents. FH One's strategy utilizes current market downturns to secure premium assets with long-term potential.
FH One Investments acquired the Synaptics headquarters campus for $29.5 million, with a previously assessed value of $34 million, emphasizing attractive investments during market conditions.
Daria Hosseinyoun stated that FH One aims to acquire unique assets, benefiting from long-term leases and evolving technology sector dynamics in property investment.
The strategy of FH One involves capitalizing on the current slumping property values, where lower rents could attract tenants and boost local job markets.
The recent acquisitions by FH One reflect a buy low and sell high approach, focusing on premium assets that can thrive as the market recovers.
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