The Real Deal Prologis has paid $38 million, or $342.34/sf, for the 111,000-square-foot San Jose Industrial Center in San Jose, Calif. The San Francisco industrial REIT purchased the property from an undisclosed seller. The property, at 6212 Hellyer Ave., was ...
The buyer could not yet be confirmed, but the site is slated to be converted to multifamily use. Valley Oak Partners of San Jose has proposed building a 737-unit property on the site.
The Real Deal Nazare Asset Management has defaulted on $31 million of debt against the 148,819-square-foot office property at 152 North 3rd St. in San Jose, Calif. Nazare is the private family office of Adam Neumann, the former chief executive ...
The property had been encumbered by a $78.5 million loan that's in MF1, 2021-FL6, a collateralized loan obligation. The loan pays a coupon pegged to Libor plus 310 basis points and was open to prepayment, according to servicer data compiled ...
The Real Deal Santa Clara Valley Medical Center has agreed to lease 230,000 square feet of office space at Bascom Station, a mixed-use development with a mix of multifamily and offices in San Jose, Calif. The healthcare provider will occupy ...
Commercial Property Executive Global Net Lease Inc. has sold the 164,608-square-foot office property at 211 River Oaks Parkway in San Jose, Calif., for $50 million, or $303.75/sf. The New York REIT had purchased the property in 2014 for $52.5 million. ...
The property has 4.6 megawatts of power. It is occupied by Equinix, a digital infrastructure company.
The Mercury News A venture of Windy Hill Property Ventures and Rockwood Capital has paid $83.5 million, or $515,432/unit, for Vespaio, a 162-unit apartment property in San Jose, Calif. Windy Hill, of Palo Alto, Calif., and Rockwood, of New York, ...
Mercury News Invesco Real Estate has paid $86.25 million, or $834.14/sf, for the 103,400-square-foot data center in San Jose. The Atlanta investment manager purchased the property from the Sobrato Organization of Mountain View, Calif. The property, at 1735 Lundy Ave., ...
JLL Capital Markets has arranged the sale of three apartment properties totaling 190 units in Campbell and Santa Clara, Calif., for $70 million, or $368,421/unit. An affiliate of Cambridge Property Management of San Jose sold the properties, according to a ...
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