Machine Investment Group & Baudpont Capital Acquire Mixed-Use Property In North San Jose For $32.6M

A mixed-use property located at 1010 Rincon Circle in North San Jose has been sold for a total of $32,600,000. The property spans across 90,871 square feet, resulting in a price per square foot of $358. The sale took place on November 8th, 2021. The transaction was facilitated by Chris Formichella from Terrydale Capital, representing both the buyer, Machine Investment Group & Baudpont Capital, and the seller.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $32,600,000
• Square Footage: 90,871
• Price per Square Foot: $358
• Address: 1010 Rincon Circle, North San Jose
• Market: North San Jose

Chris Formichella from Terrydale Capital acted as the broker in this transaction, representing both the buyer, Machine Investment Group & Baudpont Capital, and the seller. The involvement of these key individuals and companies highlights their role in the successful completion of the sale.