San Diego-based PMB and Chicago-based Harrison Street Real Estate Capital are planning to build a new 200 SF medical office building on a 2.4-acre site in San Jose the developers purchased this month from West Bay Development for $26.2M in an all-cash deal.

The site at 1410 Bascom Avenue, adjacent to the Bascom Station light rail stop, is a portion of a triangle-shaped seven-acre property site where a mixed-use project known as Bascom Station is being built at the corner of South Bascom Avenue and Southwest Expressway.

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