SANTA CLARA — The official $210 million that was paid for a three-building Santa Clara office campus points to weakening real estate values for regional office properties.

The deal included an alliance of Bay Area real estate firm Ellis Partners and Boston-based hedge fund Baupost Group, according to documents filed with the Santa Clara County Recorder’s Office on Aug. 27.

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When the buyers disclosed their purchase earlier this month, they declined to officially reveal what they paid for the property. Now, that price has come to light with the filing of the grant deed for the purchase of the campus.

The $210 million price is roughly half, or 47.7% below, the property’s assessed value of $401.9 million. The new owners paid 31.2% less than the $305.1 million that the selle

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