Peninsula Land & Capital Acquires 1580, 1590 & 1630 Old Oakland Road Office Buildings In San Jose For $37.2M

San Jose's Oakland Road Business Park has seen three buildings acquired by Peninsula Land & Capital for $37.2 million. The office properties located at 1580, 1590 & 1630 Old Oakland Road were purchased in a transaction indicating ongoing investor demand for select commercial properties despite economic uncertainties. Peninsula Land & Capital, a real estate firm known for their involvement in acquiring and selling office and research buildings in the Silicon Valley and Bay Area region, made the acquisition.

Summary of transation details

• Property Type: Office
• Transaction Amount: $37,200,000
• Address: 1580, 1590 & 1630 Old Oakland Road
• Market: San Jose

The buyer in this transaction is Peninsula Land & Capital, represented by Roger Fields. They have been actively involved in the real estate market, particularly in the Silicon Valley and Bay Area region.