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Berryessa Union School District Acquires Office Building In San Jose's Silicon Valley For $8M

Property Image
SOLD
$8,000,000

California

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Office16,592 SF
Sold 03/04/2022
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Property Image
SOLD

Berryessa Union School District Acquires Office Building In San Jose's Silicon Valley For $8M

981 Ridder Park Drive, San Jose, California 95131, United States

See Similar Deals
Office16,592 SF
Sold 03/04/2022
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$482
Total Square Footage:16,592 SF
Transaction Type:Sale

The office property located at 981 Ridder Park Drive in San Jose, Silicon Valley has been sold. The transaction took place on 03/04/2022 and was facilitated by Robin Santiago, who captured the property image. The property is owned by Russ Grelli and was acquired by Berryessa Union School District. Dominic Dutra from 3D Strategies represented the buyer, while Robin Santiago from SVN Capital West Partners represented the seller.

Summary of transaction details:

  • Property Type: Office
  • Sale Price: $8,000,000
  • Square Footage: 16,592 SF
  • Price per Square Foot: $482
  • Address: 981 Ridder Park Drive, San Jose, Silicon Valley
  • Market: Silicon Valley

The buyer, Berryessa Union School District, acquired the office property from seller Russ Grelli. Dominic Dutra from 3D Strategies represented Berryessa Union School District as their buyer's representative. On the other hand, Robin Santiago from SVN Capital West Partners served as the seller's representative in the transaction. The deal was closed at a sale price of $8,000,000, with the property spanning a total area of 16,592 square feet (SF) and a price per square foot of $482.

Players

Robin Santiago
4 deals$23.2M volume
BROKER

Dominic Dutra
1 deal$8M volume
BROKER

Details

SOLD
IMAGE: Robin Santiago DATE: 03/04/2022 ADDRESS: 981 Ridder Park Drive MARKET: San Jose, Silicon Valley ASSET TYPE: Office BUYER: Berryessa Union School District SELLER: Russ Grelli BUYER'S REP: Dominic Dutra - 3D Strategies SELLER'S REP: Robin Santiago - SVN Capital West Partners (@SVNCAPWest) SALE PRICE: $8,000,000 SF: 16,592 ~ PPSF: $482

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