The Campus at Scott is a 460,000-square-foot office and tech complex at 3315, 3325, and 3355 Scott Blvd in Santa Clara, with capacity for 1,800 to 2,300 workers. An alliance of Ellis Partners and Baupost Group acquired the property from New York City-based Clarion Partners. Ellis Partners plans significant upgrades including fitness, food and outdoor amenities and notes proximity to Santa Clara Square retail. The purchase coincides with renewed leasing activity in Silicon Valley and a broader flight to quality in the office sector. Major tech firms are actively expanding local real estate holdings, reinforcing market confidence. Ellis Partners expects Class A, amenitized workplaces to remain in demand.
The Campus at Scott, an office and tech complex in Santa Clara big enough to accommodate 1,800 to 2,300 workers, has been bought by an alliance of Bay Area real estate firm Ellis Partners and Boston-based hedge fund Baupost Group. We are thrilled to add these high-quality buildings to our growing portfolio of Silicon Valley office and research and development assets, said Kevin Bocci, an Ellis Partners senior vice president.
The Santa Clara campus totals 460,000 square feet and has addresses of 3315, 3325, and 3355 Scott Blvd. New York City-based Clarion Partners sold the property. The investment comes at a time of significant renewed leasing activity in Silicon Valley and a national flight to quality within the office sector, Ellis Partners stated regarding the transaction. Tech companies have shown they have plenty of confidence in the South Bay office market.
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