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Supermicro Computers has paid $80 million, or $272.20/sf, for the 293,906-square-foot office property and development site at 550 East Brokaw Road in San Jose, Calif. The technology company purchased the property from Bay West Development of San Francisco, which was ...
Commercial Real Estate Direct Staff Report Supermicro Computers has paid $80 million, or $272.20/sf, for the 293,906-square-foot office property and development site at 550 East Brokaw Road in San Jose, Calif. The technology company purchased the property from Bay West ...
The property has been renamed Diridon West. It is 95 percent leased.
Hines Global Income Trust Inc. has paid $117.5 million, or $471,888/unit, for the 249-unit Hanover Diridon apartment complex in San Jose, Calif. The Houston REIT, whose shares do not trade on any exchange, bought the property from Hanover Co., also ...
A Pacific Retail Capital Partners-led venture has sold the Eastridge Mall in San Jose, Calif., for $135 million, a price that results in a 5.48 percent capitalization rate, based on the property's in-place net operating income. The venture sold the ...
The property is fully occupied has 16-foot clear heights, 14 dock positions and 16 ground-level doors.
RGA Reinsurance Co. has provided $20.5 million of financing against Almaden Safeway Center, a 143,452-square-foot retail property in San Jose, Calif. JLL Capital Markets arranged the 10-year loan on behalf of Brothers International Holding Corp. of San Francisco. RGA Reinsurance ...
Commercial Real Estate Direct Staff Report A Pacific Retail Capital Partners-led venture has sold the Eastridge Mall in San Jose, Calif., for $135 million, a price that results in a 5.48 percent capitalization rate, based on the property's in-place net ...
California Bank & Trust provided a $23.5 million loan to facilitate the purchase. Monterey Plaza, at 5502 to 5568 Monterey Highway, was appraised earlier this year at a value of $57 million. The property was built in 1990 and is ...
A group of investors led by George Mersho has paid $23.8 million, or $151.59/sf, for the 157,000-square-foot office property at 303 Almaden Blvd. in San Jose, Calif. Mersho, who is managing partner of Bridge Group Investments, purchased the property from ...
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