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San Jose office building is bought at higher price, in market rarity

San Jose office building is bought at higher price, in market rarity

a month ago
Anonymous $genLyrxdTY

https://www.siliconvalley.com/2024/08/08/san-jose-office-real-estate-property-tech-build-develop-economy-covid/

SAN JOSE — A big office building in north San Jose has been bought for more than $60 million in a deal that represents a rarity in a fading Bay Area commercial real estate market: The property was sold at a profit.

The building, located at 3011 North First Street in San Jose, was bought for $63.6 million, according to documents filed on Aug. 6 with the Santa Clara County Recorder’s Office.

San Jose office building is bought at higher price, in market rarity

Thu Aug 8, 2:28pm UTC
https://www.siliconvalley.com/2024/08/08/san-jose-office-real-estate-property-tech-build-develop-economy-covid/ > SAN JOSE — A big office building in north San Jose has been bought for more than $60 million in a deal that represents a rarity in a fading Bay Area commercial real estate market: The property was sold at a profit. > The building, located at 3011 North First Street in San Jose, was bought for $63.6 million, according to documents filed on Aug. 6 with the Santa Clara County Recorder’s Office.