Axonic Capital has partnered with JLL Capital Markets to provide a $21 million, 3-year fixed-rate loan supporting the acquisition of Synaptics Headquarters and R&D campus in San Jose, California.
The 111,000-square-foot property, recently renovated in 2023, consists of two buildings with a mix of office, lab, and data center space. Fully leased to Synaptics as its global headquarters, the campus plays a mission-critical role in advancing the company’s research and development in human-machine interface technologies.
“We were thrilled to work with JLL and FH One to move quickly and deliver flexible capital that met the borrower’s needs,” added Axonic Managing Director, Tyler Kimball.
Read the full announcement here.