facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Sale

/

2005 Gateway Place

Roger Fields Of Peninsula Land & Capital Acquires Office Complex From Victor Coleman For $25M
SOLDOffice

Roger Fields Of Peninsula Land & Capital Acquires Office Complex From Victor Coleman For $25M

2005 Gateway Place

$25,000,000

$164/SF

Building Size

152,300 SF

Asset Type

Office

Closing

Jul 2, 2026

AI

The office complex located at 2001 and 2005 Gateway Place encompasses a total area of 152,300 square feet. It was sold for a transaction amount of $25 million in the San Jose, CA market, translating to a price per square foot of $164. This sale marks a significant reduction from its assessed value of $45.6 million in January.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $25,000,000
  • Square Footage: 152,300
  • Price per Square Foot: $164
  • Buyer: Roger Fields - Peninsula Land & Capital
  • Seller: Victor Coleman - Hudson Pacific Properties
  • Date of Sale: 07/02/2026

This acquisition represents an important addition to Peninsula Land & Capital's portfolio in Silicon Valley. The firm's recent investment strategy has been focused on acquiring discounted assets in the Bay Area, highlighting a tactical approach to office real estate investments.

Players

Roger Fields

Peninsula Land & Capital

Buyer

$164.7M

vol

3 deals

Buyer

Victor Coleman

Hudson Pacific Properties

Seller

$1.6B

vol

9 deals

Seller

San Jose Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93