Investment Company Purchases Butterfield 5
By Brittney Sherman
Atlanta-based investment company Invesco recently purchased all industrial buildings in the Butterfield 5 Tech Park, totaling 410,000 sq/ft, for approximately $119 Million. Ideal users for the buildings are advanced manufacturing, industrial or warehouse based businesses. At this time, there have been no lease announcements.
Butterfield 5 is an industrial park recently completed by Trammel Crow Company, and located on the West side of Highway 101. The 5 standalone buildings range in size from approximately 70,000 sq/ft to 91,000 sq/ft. Learn more about the Butterfield 5 Technology Park HERE.
Invesco is a global investment firm with more than 8,600 employees, across 26 countries. The firm was founded in 1935 and is based in Atlanta, Georgia. They currently manage $1.5 Trillion in assets. Learn more about Invesco HERE.
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov