Updated May 5, 2026
Ryu Sung-soo Of SK Hynix Acquires Advanced Manufacturing Facility In San Jose For $49.5M
5981 Optical Court
$49,500,000
Building Size
—
Asset Type
Office
Closing
May 4, 2026
About this deal
AI
SK hynix America acquired an advanced manufacturing facility located at 5981 Optical Court, San Jose. The facility spans 110,542 square feet and was purchased for $49.5 million, translating to $448 per square foot. This acquisition is noted as SK hynix's second significant real estate purchase in the San Jose market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $49,500,000
- Buyer: Ryu Sung-soo
- Company: SK Hynix
- Address: 5981 Optical Court
- Market: San Jose
- Square Footage: 110,542 SF
This transaction marks a strategic move for SK hynix, as it strengthens their research and development footprint in collaboration with notable partners such as Applied Materials and Nvidia.
On the Map
$49,500,000
Office
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San Jose Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93