A local real estate firm has bought a San Jose site that is deemed to be a prime location for redevelopment as a modern commercial or industrial complex.
SAN JOSE — A veteran real estate company has bought a site near downtown San Jose that is deemed to be a prime location for redevelopment as a modern industrial or commercial center.
San Jose-based Valley Oak Partners paid cash for the properties, the property deeds show. Here’s what the development firm paid for each of the parcels: Valley Oak was also a prime mover behind a years-long land assembly in downtown San Jose near the Diridon train station of several parcels that eventually were bought by Boston Properties and Canada Pension Plan Investment Board.
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