NEWS

NAI NorCal Broker Completes +$100 Million Sale in Bay Area Hotspot

Alexander Barker of NAI Northern California exclusively represented both buyer and seller in a successful $108,500,000 sale of a primely located three-building campus in North San Jose.

NAI Northern California is pleased to announce the sale of 2601 Orchard Parkway, 2630 Orchard Parkway, and 55 W. Trimble Road, a three-building tech campus located in the Golden Triangle of the South Bay Area. The complex totals 218,645 square feet with a mix of R&D and office space in North San Jose.

Alexander Barker was able to work on the sale of the 3-Property office and R&D campus through demonstrating his depth of knowledge in acquiring Bay Area office properties and his relationships with large investment companies in the Bay Area.

The properties are near to recent Google and Apple expansion efforts in the South Bay Area and many of the top technology companies in the Bay Area. The subject properties were completely renovated in recent years and currently are fully leased to Toshiba America Electronic Components, a unit of the giant consumer electronic company Toshiba. This is truly a rare pride of ownership asset in an A+ location.