SAN JOSE, CA-A joint venture between McCandless Management Corp.and Prudential Real Estate Investors has marketed the Montague OaksBusiness Park, a 262-357-square-foot office and R&D complex at611-695 River Oaks Parkway in San Jose, to CarVal Investors andEagle Ridge Partners for $39.5 million. The eight-building complex,which is currently 87% leased, houses 12 tenants.

Dave Karol, Gerry Rohm and Michael Leggett with HollidayFenoglio Fowler LP negotiated the deal on behalf of the seller.For the full story, go to Silicon Valley/San Jose Business Journal.


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.