Ho Enterprises Acquires 130k SF Industrial Facility In San Jose For $37.8M From Exeter Way LLC

A 130,000-square-foot manufacturing facility located at 1980 Senter Road in San Jose has been sold for $37,800,000. The property was purchased by Kelly Ho through her entity Ho Enterprises, and the seller was Exeter Way LLC. The sale price equates to a price per square foot of $291, exceeding the appraised value of the property. The transaction took place on June 26, 2023, in the San Jose industrial market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $37,800,000
• Square Footage: 130,000
• Price per Square Foot: $291
• Address: 1980 Senter Road
• Market: San Jose

Kelly Ho, a former Goldman Sachs associate, represented her entity Ho Enterprises in the purchase of this manufacturing facility. The seller, Exeter Way LLC, successfully closed the deal, exceeding the property's appraised value. This transaction demonstrates the continued investment activity in the slightly cooled-down San Jose industrial market.