Oracle finds buyer for big downtown San Jose office tower

Oracle finds buyer for big downtown San Jose office tower

3 years ago
Anonymous $LNMzUc6XNz

https://www.siliconvalley.com/2021/05/24/oracle-buyer-big-downtown-san-jose-office-tower-real-estate-tech/

SAN JOSE — A buying group that includes a veteran local real estate firm and an investment fund with a global reach has bought a landmark office tower in downtown San Jose from tech titan Oracle America.

The new owners of 488 Almaden Blvd. paid $155 million for the downtown San Jose property, which consists of a prominent office highrise and its adjacent parking garage, according to property records filed in Santa Clara County on May 21.