South Bay office campus bought in sign of market confidence

South Bay office campus bought in sign of market confidence

SANTA CLARA — 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. “We …

South Bay office campus bought for $200 million-plus in sign of market confidence

SANTA CLARA — 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. The purchase price for the three-building campus was $207 million, according to multiple sources who are familiar with the transaction’s details. “We are thrilled to add these high-quality buildings to ou…