A big San Jose office complex has been bought by a real estate company, a property deal that enables the company to lease space from the new owner on a long-term basis.
SAN JOSE — A big office and research complex in north San Jose has been bought by a real estate company, a property deal that enables the company to lease space from the new owner on a long-term basis.
Wells Fargo Bank provided a loan of $46.1 million to South Bay Development at the time of the real estate company’s purchase, according to the county property records. The four buildings total a combined 231,700 square feet, according to information provided by commercial property listing services.
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