Stuart Shiff Of DivcoWest Acquires West Trimble Tech Campus In San Jose For $63.6M

The office asset sold is located at 375-441 West Trimble Road in San Jose, with a sale price of $63,600,000. The property consists of 251,400 square feet, resulting in a price per square foot of $253. This transaction reflects a 34% decrease from its 2015 price, highlighting ongoing weakness in Bay Area office values.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $63,600,000
• Square Footage: 251,400
• Price Per Square Foot: $253
• Market: San Jose
• Buyer: Stuart Shiff - DivcoWest

Stuart Shiff represents DivcoWest in the acquisition of the West Trimble Tech Campus property. The sale demonstrates interest in Bay Area office spaces from opportunistic investors despite current market challenges.