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Tom Robinson Of Robinson Oil Acquires Commercial Portfolio In San Jose For $38.8 Million

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SOLD
$38,800,000

California

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Commercial
Sold 07/19/2024
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Property Image
SOLD

Tom Robinson Of Robinson Oil Acquires Commercial Portfolio In San Jose For $38.8 Million

3641 Charter Park Drive, 3680 Charter Park Drive, 3710 Charter Park Drive, 3732 Charter Park Drive & 3851 Charter Park Drive

See Similar Deals
Commercial
Sold 07/19/2024
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Commercial
Transaction Type:Sale

Robinson Oil acquired a portfolio consisting of five commercial properties located at 3641, 3680, 3710, 3732 & 3851 Charter Park Drive in San Jose. The total sale price for this transaction was $38.8 million. This acquisition allows Robinson Oil to diversify into both office and industrial spaces that accommodate tenants needing in-person work, enhancing their existing portfolio.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $38,800,000
  • Buyer: Tom Robinson - Robinson Oil
  • Seller: F&W Investment
  • Date of Transaction: 07/19/2024

Tom Robinson leads Robinson Oil, a company that operates Rotten Robbie gas stations. His strategic acquisition of these commercial assets from F&W Investment signifies a move to expand Robinson Oil's business operations beyond fuel services into real estate, addressing the needs of tenants focused on in-person work.

Details

SOLD
IMAGE: Tom Robinson DATE: 07/19/2024 ADDRESS: 3641, 3680, 3710, 3732 & 3851 Charter Park Drive MARKET: San Jose ASSET TYPE: Commercial BUYER: Tom Robinson - Robinson Oil SELLER: F&W Investment SALE PRICE: $38,800,000 NOTE: Robinson Oil acquired a portfolio of 4 commercial buildings in South San Jose for $38.8 million, diversifying their holdings into office and industrial properties with tenants requiring in-person work. This investment complements their core business of operating Rotten Robbie gas stations.

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