James Cashman Of Berliner Cohen LLP Renews 10-Year Lease For 42,409 SF Office In San Jose

The property asset involved in this transaction is a 42,409-square-foot office space located at 10 Almaden Boulevard in San Jose, CA. The building is part of a larger 309,255-square-foot tower, and the lease terms extend the tenancy for another 10 years.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: KBS REIT III Inc.
• Tenant: James Cashman - Berliner Cohen LLP
• Lease Term: 10 years

This deal reinforces Berliner Cohen's long-standing presence in the building since 1989. It occurs in a market where downtown San Jose’s office sector is experiencing significant vacancy rates around 30%, influencing lease negotiations in favor of tenants.