HPE ROSEVILLE

Location

Roseville, CA

Product Type

Office

Size

800,000 square feet

HPE ROSEVILLE

In May 2017, a joint venture between Strada Investment Group and a global real estate private equity firm acquired a 140-acre corporate campus from Hewlett Packard Enterprise Company. The campus encompasses five buildings with a total of nearly 800,000 square feet of office space.  As part of the acquisition, Strada negotiated a long-term leaseback with HPE for material portion of the campus.  The venture’s business plan entails repositioning to portion that HP will vacate and marketing to new users.