Dollinger Properties Acquires Office Portfolio In San Jose For $56M

Located in San Jose, the property at 2235-2249 Zanker Rd., 2340-2390 Bering Dr., and 225-245 Charcot Ave. has been sold for a price of $56,000,000. The office asset spans an area of 166,928 square feet, with a price per square foot of $335. The transaction took place on August 24, 2021, and the buyer was Dollinger Properties, represented by Scott Ahearn. Vista Investment Group served as the seller in this deal. Cushman & Wakefield brokers Alan Guterman, Jon DeCoite, Steve Horton, and Kelly Yoder facilitated the transaction.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $56,000,000
• Market: San Jose
• Buyer: Dollinger Properties - Scott Ahearn
• Seller: Vista Investment Group
• Brokers: Alan Guterman, Jon DeCoite, Steve Horton, and Kelly Yoder - Cushman & Wakefield
• Square Footage: 166,928
• Price per Square Foot: $335
• Date: August 24, 2021
• Address: 2235-2249 Zanker Rd., 2340-2390 Bering Dr., and 225-245 Charcot Ave.

The successful sale of this office property was made possible by the collaborative efforts of Dollinger Properties, Scott Ahearn as their representative, Vista Investment Group, and the team of brokers from Cushman & Wakefield, including Alan Guterman, Jon DeCoite, Steve Horton, and Kelly Yoder. The transaction showcases the vibrant real estate market in San Jose and highlights the value and potential of the office sector in the area.