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City: San Jose
CIP Real Estate Pays $40Mln for San Jose, Calif., Industrial/Flex Property
Commercial Real Estate Direct Staff Report CIP Real Estate has paid $40 million, or $279.29/sf, for the Tully Business Center, a 143,221-square-foot industrial/flex property in San Jose, Calif. The Irvine, Calif., investor purchased the property, at 1310-1460 Tully Road, from ...
Affinius, Bank OZK Lend $120.3Mln for Construction of Silicon Valley Industrial
Affinius Capital has originated $120.3 million of financing for the development of the 636,000-square-foot Edenvale Business Park industrial property in San Jose, Calif. The investment manager is said to have kept a $20.5 million subordinate piece of the financing and ...
Prime Finance Lends $43.8Mln Against Hotel in California’s Silicon Valley
Commercial Real Estate Direct Staff Report Prime Financing has provided a $43.8 million loan against the 162-room Courtyard by Marriott San Jose Campbell hotel in Campbell, Calif., near San Jose. JLL Capital Markets arranged the five-year loan, which comes with ...
1010 Rincon Circle
A fund managed by Blue Owl Capital has paid $35.5 million, or $390.66/sf, for the 90,871-square-foot research and development property at 1010 Rincon Circle in San Jose, Calif. The New York investment manager purchased the property from Machine Investment Group, ...
San Jose, Calif., R&D Property Sells for $35.5Mln
Commercial Real Estate Direct Staff Report A fund managed by Blue Owl Capital has paid $35.5 million, or $390.66/sf, for the 90,871-square-foot research and development property at 1010 Rincon Circle in San Jose, Calif. The price was first reported by ...
Accounting Firm Leases 141,000 SF of Office Space in San Jose, Calif.
The Real Deal PricewaterhouseCoopers, or PwC, has agreed to lease 141,000 square feet of office space at One Santana West, a 395,601-sf property in San Jose, Calif. The accounting firm is taking the space from the property's owner, Federal Realty ...
Lease Extension Signed at San Jose R&D Property Backing $19.71Mln CMBS Loan
Commercial Property Executive Intermolecular has agreed to extend its lease for the entire 146,159-square-foot research and development building at 3011 North First St. in San Jose, Calif. The affiliate of Merck KGaA of Germany has leased the property from a ...
Appraised Value of San Jose, Calif., Hotel Falls Below Loan’s Value
Commercial Real Estate Direct Staff Report The appraised value of the former Four Points by Sheraton - San Jose hotel in San Jose, Calif., has been appraised at a value of $16.7 million. That's down from its $46.5 million appraised ...
111 Market Square
An investor group led by George Mersho, the chief executive of Shoe Palace, has paid $34.2 million, or $105.23/sf, for the 325,000-square-foot office property at 111 Market Square in downtown San Jose, Calif. The group bought the property from Rubicon ...
Mersho-Led Group Pays $34.2Mln for San Jose, Calif., Office
SiliconValley.com An investor group led by George Mersho, the chief executive of Shoe Palace, has paid $34.2 million, or $105.23/sf, for the 325,000-square-foot office property at 111 Market Square in downtown San Jose, Calif. The group bought the property from ...
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