BioVision, Incorporated is a privately held life science company whose products are sold in more than 60 countries worldwide. They needed expansion space and wanted to buy their own building instead of leasing.
BioVision, Incorporated
Needed expansion space and wanted to buy their own building instead of leasing.
$4,313,980
asking price
$3,372,748
closing price
22%
off the listing price
Project Outline
Results
Kidder Mathews presented an assortment of space options in Silicon Valley. BioVision chose a two-story building at 155 South Milpitas Boulevard in Milpitas, previously owned by Seagate Technology. The property has a strong corporate and professional identity at a hard corner location. Kidder Mathews helped BioVision negotiate a closing price of $3,372,748 from an asking price of $4,313,980, saving $941,232 or 22% off the listing price.
Services Provided
- Facility needs analysis
- Site selection analysis
- Financial analysis
- Sale negotiation