Climate and real estate investment firm Galvanize has recently purchased property in Milpitas. Tom Steyer founded Galvanize Climate Solutions in 2021 alongside Katie Hall as a global, climate-focused investment firm designed to accelerate the energy transition and scale decarbonization technologies. The firm is led by CEO and co-chair Katie Hall alongside co-chair John Kerry.
The industrial campus is the firm’s first California acquisition. San Francisco Chronicle lists the purchase price as just under $94 million.
The firm plans to update the buildings (which were built in the 1990s) with energy-efficient improvements that will attract tenants. The properties at Cadillac Court are near I-880 and tech companies such as Tesla, Amazon and SeaGate.
