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BroadcomInvestment

Broadcom Acquires Corporate Campus in Southern California for $325M

What happened

Broadcom Inc. has acquired its Southern California corporate campus in Irvine for $325 million from PRP Real Assets.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

IRVINE, CALIF. - Semiconductor and infrastructure software company Broadcom Inc. (NASDAQ: AVGO) has completed the acquisition of its Southern California campus located in Irvine for $325 million. Washington, D.C.-based PRP Real Assets was the seller. Developed in 2017 and 2018, the campus was built as the corporate headquarters for Broadcom, which occupies the property on a net-lease basis. PRP Real Assets has owned the campus since 2020. Situated within the Irvine Spectrum District, the Broadcom Corporate Campus totals 660,893 square feet and features two five-story office buildings. Gensler designed the 9.6-acre campus, which also features nearly 3,000 parking spaces. According to PRP Real Assets, the property benefits from its location near retail, dining, hotels and public transportation, with the latter including the Irvine Station. "Broadcom's decision to acquire the campus underscores the property's importance to the company's operations and validates the principles behind our mission-critical net lease strategy," says Paul Dougherty, president of PRP Real Assets. "The campus combines a high-quality asset, a strong tenant and an irreplaceable location in one of the nation's leading technology markets." PRP Real Assets is a privately held real estate investment and management company. Founded in 2005, the firm has acquired more than $6 billion in real estate...

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Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsA large capital project often starts a round of vendor buying.

Amount named
$325M
Location
Irvine, California, United States

Companies

  • PRP Real AssetsRelated companyprprealassets.com

More investment signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$325M

Details

Assets
corporate campus

Topics and mentions

Asset tags

  • office

Extraction

Confidence
95%
Detected
Sep 9, 2026
signal_type
news
signal_subtype
invests_into_assets

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/2c769a57-bb2b-f867-b818-7c46033832fc returns this record as JSON. POST /v1/companies/enrich returns every signal for broadcom.com.

{
  "signal_id": "2c769a57-bb2b-f867-b818-7c46033832fc",
  "signal_type": "news",
  "signal_subtype": "invests_into_assets",
  "detected_at": "2026-09-09T11:42:00+00:00",
  "company": {
    "name": "Broadcom",
    "domain": "broadcom.com"
  },
  "data": {
    "url": "https://rebusinessonline.com/broadcom-acquires-corporate-campus-in-southern-california-for-325m/",
    "title": "Broadcom Acquires Corporate Campus in Southern California for $325M - REBusinessOnline",
    "assets": "corporate campus",
    "excerpt": "IRVINE, CALIF. - Semiconductor and infrastructure software company Broadcom Inc. (NASDAQ: AVGO) has completed the acquisition of its Southern California campus located in Irvine for $325 million. Washington, D.C.-based PRP Real Assets was the seller. Developed in 2017 and 2018, the campus was built as the corporate headquarters for Broadcom, which occupies the property on a net-lease basis. PRP Real Assets has owned the campus since 2020. Situated within the Irvine Spectrum District, the Broadcom Corporate Campus totals 660,893 square feet and features two five-story office buildings. Gensler designed the 9.6-acre campus, which also features nearly 3,000 parking spaces. According to PRP Real Assets, the property benefits from its location near retail, dining, hotels and public transportation, with the latter including the Irvine Station. “Broadcom’s decision to acquire the campus underscores the property’s importance to the company’s operations and validates the principles behind our mission-critical net lease strategy,” says Paul Dougherty, president of PRP Real Assets. “The campus combines a high-quality asset, a strong tenant and an irreplaceable location in one of the nation’s leading technology markets.” PRP Real Assets is a privately held real estate investment and management company. Founded in 2005, the firm has acquired more than $6 billion in real estate investments...",
    "summary": "Broadcom Inc. has acquired its Southern California corporate campus in Irvine for $325 million from PRP Real Assets.",
    "location": "Irvine, California, USA",
    "planning": false,
    "image_url": "http://rebusinessonline.com/wp-content/uploads/2026/09/Broadcom-Corporate-Campus.jpg",
    "confidence": 0.95,
    "assets_tags": [
      "office"
    ],
    "published_at": "2026-09-09T11:42:00Z",
    "location_data": [
      {
        "city": "Irvine",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Semiconductor and infrastructure software company Broadcom Inc. (NASDAQ: AVGO) has completed the acquisition of its Southern California campus located in Irvine for $325 million.",
    "amount_normalized": 325000000,
    "related_company_name": "PRP Real Assets",
    "related_company_domain": "prprealassets.com"
  }
}

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