|
|
6/13/23
|
San Tomas Business Centre, a 79.4k sf, business park in Santa Clara, changed hands. The office and light industrial/warehousing property, located at 2060-2101, 2110, 2116 and 2118 Walsh Ave, is comprised of nine buildings.
San Tomas Business Centre features include 15-foot clear heights and 24 grade-level doors, as well as office suites ranging from 150 sf to 3.5k sf. The property is proximate to Santa Clara Square, which is made up of a variety of retailers and restaurants, including Starbucks, Whole Foods Market, Flemings, Sephora and Tender Greens.
The property is centrally located within Santa Clara County, providing easy access to major commuting routes US-101 and I-880, as well as the San Jose International Airport. It is also surrounded by corporate offices for some of the world’s leading innovators, including Nvidia, Google, Apple, Amazon and Samsung, among many others.
Steven Golubchik, Edmund Najera, Jonathan Schaefler and Darren Hollak with Newmark were involved in brokering the transaction. The price was not given out.
Though down from pre-pandemic levels, the San Francisco Bay Area remains among the top markets for volume of office investment sales. According to Newmark’s 4Q22 Capital Markets Report, sales overall declined year-over-year across property sectors. There were small seasonal increases in December 2022 deal closings, except for multifamily.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
