El Camino Health Acquires Medical Office In San Jose For $19.5M

The medical office located at 625 Lincoln Avenue in San Jose has been sold in a recent transaction. The property, spanning 35,272 square feet, was sold for a price of $19,500,000, resulting in a price per square foot of $553.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $19,500,000
• Address: 625 Lincoln Avenue
• Market: San Jose
• Buyer: El Camino Health
• Seller: The Sobrato Organization
• Brokers: Scott Prosser, Joe Moriarty, Jack DePuy, Mike Taquino, Kyle Kovac & Alec Haley - CBRE

The transaction was facilitated by the brokers Scott Prosser, Joe Moriarty, Jack DePuy, Mike Taquino, Kyle Kovac, and Alec Haley, all representing CBRE. This deal represents a significant exchange of ownership in the medical office market of San Jose.