SAN JOSE — Betting big on Silicon Valley’s future, an investment group led by an England-based firm paid a combined $1.16 billion for six tech campuses in three cities, according to several grant deeds filed in Santa Clara County in September.
“We see significant opportunity in this portfolio given the strong tailwinds across the business landscape right now in Silicon Valley,” said Jerome Foulon, global head of commercial real estate with Lone Star Funds.
London-based Lone Star Funds acquired 2.2 million square feet across six campuses, 50 buildings, and 140 acres in the Golden Triangle, an area roughly bounded by U.S. Highway 101, State Route 237 and Interstate 880…