Preylock Holdings Buys The Assembly (491,458 SF) in Bay Area

Reported Oct 2, 2026 · Source: CRE News

Source: CRE NewsRead the full report at CRE News ↗

Deal details

Buyer
Preylock Holdings
Seller
EQT Real Estate (paid $192M in 2021)
Price
$268.3M
Size
491,458 SF; $545.93/SF
Price per SF
$546 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
Silicon Valley (San Jose / Milpitas / Mountain View)
Metro
San Francisco Bay Area
Reported date
Oct 2, 2026

Summary

The Assembly is an industrial sale in Silicon Valley (San Jose / Milpitas / Mountain View), San Francisco Bay Area. Other details we have: buyer Preylock Holdings; seller EQT Real Estate (paid $192M in 2021); price $268.3M; size 491,458 SF; $545.93/SF. CRE News reports: “Silicon Valley Business Journal Preylock Holdings has paid $268.3 million, or $545.93/sf, for the Assembly, a 491,458-square-foot industrial and research and development property in San Jose, Calif. The Los Angeles investor acquired the six-building property from EQT Real Estate, which bought it in…”

Quoted from the article; the other facts come from our own deal listing.

Source: CRE News

Read the full report at CRE News. What the article says:

  • Deal / Price / Size / Buyer / Seller
    Silicon Valley Business Journal Preylock Holdings has paid $268.3 million, or $545.93/sf, for the Assembly, a 491,458-square-foot industrial and research and development property in San Jose, Calif. The Los Angeles investor acquired the six-building property from EQT Real Estate, which bought it in 2021 for $192 million. Newmark brokered the latest deal. The Assembly, at […]

Article date: 2026-10-02T19:26:34+00:00

Quick answers

Who bought The Assembly?
Preylock Holdings bought The Assembly in Silicon Valley, Bay Area, according to CRE News.
How much did The Assembly sell for?
The reported price is $268.3M ($546 per SF, our calculation), per CRE News.
How big is The Assembly?
491,458 SF; $545.93/SF, as listed from the source.
When was this sale reported?
Reported Oct 2, 2026 by CRE News.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.