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Silicon Valley office building sells for discount amid Bay Area real estate reset

Leasing recovery remains uneven despite AI boom
A 1986 building in Campbell, a town at the southern end of Silicon Valley, sold for about half its price of a decade ago. (CoStar)
A 1986 building in Campbell, a town at the southern end of Silicon Valley, sold for about half its price of a decade ago. (CoStar)

A Palo Alto company scooped up a three-story office building in a well-appointed Silicon Valley suburb for about half of what it changed hands for a decade ago, as investors continue to score deep discounts on Bay Area real estate.

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