San Jose Office Tower Changes Hands
SAN JOSE, CA-Stockbridge Capital based has sold 160 West Santa Clara Street, a 15-floor office tower spanning 226,000 square feet in downtown San Jose, for an undisclosed price. However, according to sources, the sale price was $280 per square foot or roughly $63.3 million. The buyer is a venture between Angelo Gordon and DiNapoli Capital Partners. This is the second major office tower deal in downtown San Jose in recent times.
The new owners may invest some amount for renovating the property. For the full story, go to Silicon Valley/San Jose Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Find out the latest in the office sector at RealShare Conferences near you. Hear from prominent speakers and meet the commercial real estate elite. Check out the 2015 events in your market.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.