Nvidia Landlord to Sell AI Chipmaker’s Silicon Valley Offices
- Seven-building site expected to fetch more than $400 million
- Foreign investor had made a pre-emptive offer for the property
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Part of Nvidia Corp.’s headquarters campus in California’s Silicon Valley is up for sale as investor interest in AI-related properties soars.
The AI chipmaker’s landlord, Preylock, is quietly marketing a seven-building complex in Santa Clara, according to Newmark Group Inc. brokers Steve Golubchik and Edmund Najera, who’d be handling the sale. A transaction would include roughly 2 million square feet (186,000 square meters) of development rights, but not Nvidia’s newly constructed Voyager and Endeavor buildings, which are also located nearby.