“Medical Device Maker Invests $157M in Santa Clara Properties”

"Medical Device Maker Invests $157M in Santa Clara Properties"

Intuitive Surgical, a leading medical device manufacturer, recently made headlines with its acquisition of three properties in Santa Clara for a total of $157 million. The company is expanding its presence in the area and has already invested over $100 million in nearby Sunnyvale.

The purchased sites were previously owned by Bayview Development Group and include:
– A research and office building at 3689 Kifer Rd., leased to Apple
– A newly constructed 184,600 square foot office building at 3655 Kifer Rd.
– A small building located at 2999 San Ysidro Rd.

According to the Mercury News, Intuitive Surgical’s expansion efforts are unique among tech companies that are currently downsizing. This move further solidifies their position as a leader in cutting-edge surgical technology.

Photo courtesy of Bayview Development Group shows the exterior of 3655 Kifer Rd.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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