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

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.