Charles Liang's SuperMicro Acquires 20-Acre Development Site In San Jose For $80M
550 East Brokaw Road
Summary
Charles Liang's SuperMicro is under contract to acquire a 20-acre development site located at 550 East Brokaw Road in San Jose. The site is being purchased from Caracol Property Owner LLC for a price of $80,000,000. The acquisition is aimed at meeting the increased demand for SuperMicro's server products due to the AI boom, and it will be used to develop a 1.9 million-square-foot office campus.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $80,000,000
- Address: 550 East Brokaw Road
- Market: San Jose
- Buyer: Charles Liang - SuperMicro
- Seller: Caracol Property Owner LLC
- Asset Size: 20 acres
The deal highlights SuperMicro's commitment to the region and its exponential growth trajectory. Charles Liang, the CEO of SuperMicro, is leading the acquisition as part of the company's expansion strategy. The 20-acre site will provide ample space for SuperMicro's anticipated office campus, which will support the company's operations and further establish its presence in San Jose.
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