Rubicon Point Partners (RPP), a San Francisco-based real estate investment firm, has acquired Wolfe Square, a 117,795-square-foot Class A multi-tenant office and medical campus in Cupertino, California. Financial terms were not disclosed. Will Connors, Dan Renz, and Michael Manas of JLL represented the seller. Bob Simpson and Erik Hallgrimson of Cushman & Wakefield will serve as leasing brokers for the property going forward.
Wolfe Square sits directly adjacent to Apple’s global headquarters and adjacent to Main Street Cupertino, a mixed-use retail and dining corridor. The property’s tenant base spans healthcare, technology, and professional services, and the campus has maintained consistently high occupancy. RPP described the location as one of the few Class A assets in the region that combines institutional-grade tenancy with immediate access to the retail, dining, and service amenities that office and medical tenants increasingly require.
RPP plans to deploy its UnCommon hospitality platform at the property, an in-house tenant experience program centered on curated programming, upgraded amenities, and active property management. The firm is vertically integrated across investment, operation, and management functions, and takes a thesis-driven approach to acquiring well-located assets with long-term value potential. Wolfe Square adds to RPP’s existing Bay Area portfolio.
KEY QUOTE:
“Wolfe Square represents exactly the type of quality investment in a quality location that defines our investment strategy. This is a community-critical building with institutional-grade tenancy, a proven rent roll, and a location that simply cannot be replicated. We are proud to steward this asset for years to come.”
Ani Vartanian, Co-Founder and Managing Director, Rubicon Point Partners