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Santa Clara Industrial Sells for $3.9M

The Packard Humanities Institute Acquires 49,500-SF Warehouse on Nuttman Street
November 30, 2011
Hathaway Dinwiddie Construction Company sold the industrial building at 700 Nuttman Street in Santa Clara, CA to The Packard Humanities Institute, a non-profit dedicated to music, film preservation, archaeology and early education, for $3.861 million, or $78 per square foot.

Built in 1979, the building totals 49,500 square feet and sits on 2.24 acres in the De La Cruz submarket of Santa Clara County.

Scott Borgia of Cassidy Turley Northern California represented the seller, while Clark Freitag of CF Commercial Real Estate Services represented the buyer.

Please see CoStar COMPS #2202839 for more information on this transaction.

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