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Velodyne Lidar Sells Morgan Hill Flex Facility

Marki Microwave Pays $13.2 Million
The flex/R&D building was constructed in 2002 on 4.2 acres in Santa Clara County. (CoStar)
The flex/R&D building was constructed in 2002 on 4.2 acres in Santa Clara County. (CoStar)
By Lauri Breeze
CoStar Research
September 17, 2020 | 9:26 P.M.

Marki Microwave, a local developer of high performance microwave components, purchased the flex facility at 335-345 Digital Dr. in Morgan Hill, California, for nearly $13.16 million, or $215 per square foot, from Velodyne Lidar.

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