SOLD
Windy Hill Property Ventures & Rockwood Capital Acquire Mixed-Use Property In San Jose For $83.5M
130 Stockton Avenue
Mixed-use
Sold 302 days ago
Summary
Sale
CALIFORNIA
Mixed-use
Windy Hill Property Ventures and Rockwood Capital have acquired the Vespaio building in downtown San Jose for $83.5 million. The mixed-use property, located at 130 Stockton Avenue, features a total of 162 units. The sale price translates to approximately $515,432 per unit.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $83,500,000
- Address: 130 Stockton Avenue, San Jose
- Market: San Jose
The buyer, Windy Hill Property Ventures and Rockwood Capital, intends to potentially convert certain spaces within the Vespaio building into live/work units while maintaining high residential occupancy rates. The joint venture's acquisition of the property was facilitated by the brokers Jason Parr, Scott MacDonald, Seth Siegel, John Hansen, Sydney Ladrech, Brayden Joel, Terry Daly, and Dan McLeod from Cushman & Wakefield.
Players
All
9
Agents
8
Agencies
1
Details
SOLD
IMAGE: Seth Siegel, Scott MacDonald, John Hansen, Jason Parr, Brayden Joel, Dan McLeod & Sydney Ladrech
DATE: 07/06/2023
ADDRESS: 130 Stockton Avenue
MARKET: San Jose
ASSET TYPE: Mixed-use
BUYER: Windy Hill Property Ventures & Rockwood Capital
SELLER: Hudson Cos.
BROKERS: Jason Parr, Scott MacDonald, Seth Siegel, John Hansen, Sydney Ladrech, Brayden Joel, Terry Daly & Dan McLeod - Cushman & Wakefield
SALE PRICE: $83,500,000
UNITS: 162 ~ PPU: $515,432
NOTE: Windy Hill Property Ventures and Rockwood Capital have purchased the Vespaio building in downtown San Jose for $83.5 million. The joint venture may convert some spaces into live/work units while maintaining high residential occupancy rates.View on map
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Address130 Stockton Avenue
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