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