City: San Jose

September 10, 2002 Bedford Property Investors (NYSE:BED) has paid $40 million, or about $184/sf, for a 217,824-square-foot research and development complex in San Jose, Calif.The purchase price provides the REIT with a capitalization rate, or initial yield of 9.7 percent ...

August 28, 2002 ROCKVILLE, Md. – Federal Realty Investment Trust (NYSE:FRT) said the retail portion of Santana Row, a fire-devastated development it was building in San Jose, Calif., should open on Nov. 7.The retail section of the mixed-use complex, which ...

August 20, 2002 NEW YORK – Moody's Investors Service has placed the senior unsecured debt and preferred stock ratings of Federal Realty Trust under review for possible downgrade because a fire yesterday at the REIT's Santana Row development in San ...

May 7, 2002 DENVER – Three units of GMAC Commercial Holding Corp. collaborated in an effort to structure $33.7 million of tax-exempt bond financing for the purchase and rehabilitation of the Valley Palm Apartments in San Jose, Calif.The complex transaction ...

Office rents across the country are now where they were in 1998, according to Torto Wheaton Research. Markets dependent on the high-tech sector were the hardest hit. San Jose, Calif., saw rents fall by 38 percent.

Carl Berg has bought the office/R&D complex in San Jose's Golden Triangle as a value-added play. Though it is fully leased, the property has a significant chunk of space available for sublease.

March 7, 2002 SAN JOSE, Calif. – The Hidden Brook apartment complex, a Class-B complex at 463 Wooster Ave., has traded hands for its asking price of $20.65 million – that's $102,736/unit or $177/sf.Tustin, Calif.-based RHC Communities bought the 201-unit ...