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Billionaire's investment firm buys into California industrial market

Galvanize pays $94 million for Silicon Valley campus near advanced manufacturing hub
The Cadillac Industrial Park is a series of four 1990s-era buildings that line Interstate 880 in Milpitas, California. (CoStar)
The Cadillac Industrial Park is a series of four 1990s-era buildings that line Interstate 880 in Milpitas, California. (CoStar)
CoStar News
September 23, 2026 | 8:23 P.M.

Billionaire investor Tom Steyer's investment fund Galvanize Real Estate bought a four-building industrial campus in Silicon Valley, marking its first purchase in California.

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