City: San Jose

Commercial Property Executive A venture of Ellis Partners and Baupost Group has paid $207 million, or $450/sf, for Campus at Scott, a 460,000-square-foot office property in Santa Clara, Calif., about seven miles northwest of San Jose, Calif. Ellis, of San ...

FH One Investments has paid $29.5 million, or $265.09/unit, for the 111,281-square-foot office and research and development property at 109 and 1151 McKay Drive in San Jose, Calif. The Sausalito, Calif., company purchased the property in a deal arranged by ...

AZ Big Media A venture of LaPour Partners and Holualoa Cos. has broken ground on AC/Element CityNorth, a 240-room hotel in Phoenix. LaPour, of Las Vegas, and Holualoa, of Tucson, Ariz., are building the property at the southwest corner of ...

The Santa Clara Valley Transportation Authority has paid $63.7 million, or $163.32/sf, for the 390,023-square-foot Almaden Crossing office property in San Jose, Calif. The agency bought the 17-story building, at 488 Almaden Blvd., from Lane Partners, which acquired it in ...

The Mercury News A venture led by Post Real Estate Group has paid $61.1 million, or $212,153/unit, for the 288-unit Orchard Glen apartment property at 3975 Seven Trees Blvd. in San Jose, Calif. Post Glen, of Los Angeles, partnered with ...

NewPoint Real Estate Capital has provided $39.9 million of Freddie Mac financing against the 143-unit Alterra Apartment Homes in San Jose, Calif. The seven-year loan requires only interest payments for the first four years, then amortizes on a 35-year schedule. ...

Commercial Real Estate Direct Staff Report Park Hotels & Resorts Inc. is continuing to fine-tune its portfolio, placing the 505-room DoubleTree by Hilton hotel in San Jose, Calif., on the sales block through Eastdil Secured. The Tysons, Va., REIT, formed ...

Silicon Valley Business Journal Hines has paid $74 million, or $685,185/unit, for Levare, a 108-unit apartment property in San Jose, Calif. The Houston investment manager purchased the property from its developer, Federal Realty of North Bethesda, Md. The property, at ...