Young Hyun Jun Of Samsung Acquires Office Building In San Jose For $29.5M

The property involved in this transaction is a research and office building located at 3775 North 1st Street, San Jose, CA. It was sold for $29,500,000 and has a total area of 68,000 square feet, resulting in a price per square foot of $434. The asset features power-equipped facilities and is situated near Samsung's Tasman-area campus and the Tasman light rail station, catering to the increasing demand for research and development and office space in Silicon Valley.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $29,500,000
• Buyer: Young Hyun Jun
• Buyer Company: Samsung
• Sale Date: 10/19/2026
• Market: San Jose, CA
• Square Footage: 68,000
• Price Per Square Foot: $434

Young Hyun Jun represented Samsung in this acquisition. The purchase was made entirely in cash, reflecting the company’s commitment to expanding its operations within the Silicon Valley area and capitalizing on the existing market demand for R&D facilities.