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 .
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