JJ&W Acquires 12.4 Acre Office Property In San Jose For $94.7M

2520 Junction Avenue, San Jose, California 95134, United States

$94,700,000

$453,110/SF

Building Size

209 SF

Asset Type

Office

Closing

Apr 17, 2023

AI

Joe Moriarty, Scott Prosser, and Jack DePuy of CBRE facilitated the sale of an office property located at 2520, 2540-2560 Junction Ave & 541-555 E. Trimble Road in San Jose, CA. This property spans across 12.4 acres and was sold for a total price of $94,700,000. The office space features a total area of 209,425 square feet, with a price per square foot of $452. The transaction took place on November 16, 2022.

Summary of transaction details

Property Type: Office
Transaction Amount: $94,700,000
Address: 2520, 2540-2560 Junction Ave & 541-555 E. Trimble Road, San Jose, CA
Market: San Jose, CA
Acres: 12.4

The buyer, JJ&W, acquired the property from the sellers, Four Corners Properties and Rockwood Capital. Representing the buyer in this transaction were Scott Prosser, Joe Moriarty, and Jack DePuy from CBRE. This sale marks a significant transaction in the San Jose office market, showcasing the demand for commercial properties in the area.

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