SANTA CLARA, CA (May 14, 2026) – Rubicon Point Partners, on behalf of Rubicon Point Fund
II (“Rubicon”) and Canyon Partners Real Estate LLC (“Canyon”) today announced its partnership
for the acquisition of a 201,078 square foot, four-building research and development campus (the
“Property”) located in Santa Clara, California, one of the leading innovation hubs within Silicon
Valley.
Located in Santa Clara, the Property benefits from its position within one of the world’s leading
innovation ecosystems and a market experiencing accelerating demand for Flex/R&D space
driven by growth across artificial intelligence, semiconductors, robotics, life sciences, and
advanced manufacturing.
“This is the beginning of a billion-dollar investment strategy that we plan to deploy over the coming
few years throughout the region,” said Ani Vartanian, co-founder and managing partner of
Rubicon Point Partners. “This acquisition represents the quality and caliber of assets we will
continue to target: mission-critical real estate leased to world-class tenants in the most dynamic
markets on the West Coast.”
Canyon has been an active provider of equity and debt capital across California for more than
two decades and continues to invest in high-quality real estate projects in major markets
throughout the United States. Since its inception, Canyon has capitalized ~$7.1 billion of total
projects across all asset types in the state of California.
The transaction represents the 10th joint venture transaction between Rubicon and Canyon.
Founded in 1991, Canyon Partners Real Estate LLC (“Canyon”) is the real estate direct investing
arm of Canyon Partners, LLC, a global alternative asset manager with approximately $30 billion
in assets under management. Over the last fifteen years, Canyon has invested over $7.9 billion
of debt and equity capital across 278 transactions capitalizing approximately $24.6 billion of real
estate assets, focusing on debt, value add, and opportunistic strategies. With 30+ years of
experience, Canyon has established a broad menu of investment capabilities spanning property
types, U.S. regions, and project stages. For more information, visit www.canyonpartners.com.
Rubicon Point Partners (“RPP”) is a San Francisco-based real estate investment firm focused on
identifying and executing high-conviction opportunities in dynamic and evolving markets. As a
vertically integrated investor, operator, and manager, RPP takes a thesis-driven approach to real
estate investing, targeting well-located assets with long-term potential.
Canyon Partners
Kris Cole
Pro-Canyon@prosek.com
(310) 614 9208
Rubicon Point Partners
Carlee Carpio
carlee@rubiconpoint.com
323.793.7947
