News Headlines Article

Lucile Packard establishes beachhead in Sunnyvale with building purchase
Silicon Valley Business Journal

Lucile Packard Children’s Hospital is moving into Sunnyvale for the first time as it stretches out in the region to put services closer to patients. Packard this week closed on an 80,000-square-foot building on roughly 6 acres at 1195 W. Fremont Ave., at the intersection of W. Fremont Ave. and Highway 85. The property was built in 1998 and was owned by LaSalle Investment Management. A price was not immediately available, but county records show an assessed value of $28 million.