March 18, 2019
Mori Trust Co., Ltd.
Toranomon 2-chome Tower
2-3-17 Toranomon, Minato-ku, Tokyo 105-0001
Inquiry Contact: Public Relations Department
TEL: 03-5511-2255 FAX: 03-5511-2259
URL: http://www.mori-trust.co.jp

Largest-volume real estate investment ever in the Silicon Valley areaby a Japanese corporation

Acquisition of Real Estate Properties
in the Silicon Valley Area of the U.S.
Continuing from our acquisition of office buildings in Boston, one of the leading
hubs of innovation in the U.S., this brings our total volume of U.S. real estate
investments to over 100 billion yen

Exterior View

Exterior View from Above

This is an announcement that on March 11, 2019, Mori Trust Co., Ltd. (Head Office: Minato-ku, Tokyo;President: Miwako Date) completed the acquisition of office building properties located in the city of San
Jose, California, in the Silicon Valley area of the U.S., through its U.S. subsidiary MORI America LLC.
As one of the key strategies of our “Advance2027” medium and long-term vision, our company is aiming tobuild a stable portfolio amidst the economic changes occurring around the world today, and has raised thegoal of “investment in overseas real estate” with a scale of up to 200 billion yen.
The newly-acquired properties are located in the northern part of San Jose city, considered to be a central
city in the Silicon Valley region where numerous IT-related companies have gathered together to make it asource of tremendous global innovation. The properties are surrounded by many world-leading global
companies, and the area in which they are located is expected to undergo even further development in thefuture under San Jose city’s master plan for urban development* and its policy to encourage even greater
accumulation of high-tech corporations.
The properties consist of 3 office buildings (and 1 parking garage) which have obtained Gold certification
under the LEED international environmental performance evaluation system for buildings, demonstrating thatthey are structures with outstanding environmental characteristics. They are located within an integrateddevelopment zone which also offers the high convenience of nearby commercial facilities and hotels. All 3 ofthe properties are currently at full occupancy and are intended to be operated over the long term as stable realestate assets.
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By actively deploying overseas real estate investments while proceeding with domestic investments invarious business areas, the Mori Trust Group will work to bring about further progress in the globalization ofits businesses, and domestic business innovations which apply the information and networks it has obtained
through its overseas operations.
*San Jose city “North San Jose Area Development Policy”, “Envision San José 2040 General Plan”

1. Acquired Properties(1) Overview of Properties
Property Name

110 Holger Way

120 Holger Way

130 Holger Way

Property Address

110 Holger Way,San Jose, CA120 Holger Way,San Jose, CA

130 Holger Way,San Jose, CA

Site Area

Approx. 9.7 acres
140,043 sq. ft.

Rentable Area
No. of Floors

227,583 sq. ft.

236,040 sq. ft.

Total: 603,666 sq. ft.
4 floors above ground

Property Type

7 floors above ground

7 floors above ground

Offices, Parking garage (1,687 spaces)

Construction Type

Steel-Frame

Year Built

2010(2) Vicinity Map

2. Overview of Local Subsidiary(1) Company Name:MORI America LLC(2) Member:Mori Trust Co., Ltd.

(3) Registered Office Address:

251 Little Falls Drive, Wilmington, DE 19808 U.S.A.

(4) Date of Establishment:

November 7, 2016(5) Business Content:

U.S. presiding company for the purpose of real estate
ownership, rental, and other related businesses2