TE Connectivity owned 60 acres in the highly desirable Silicon Valley city of Menlo Park, California. Facebook.com wanted to acquire the property for the expansion of its world headquarters.
A team of Husch Blackwell attorneys represented TE Connectivity in the complex $100 million-plus sale-leaseback transaction with Facebook. Most of the campus was simultaneously leased back to TE Connectivity for up to eight years. Additional details of this transaction can be found here.