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Alvarez & Marsal Capital Real Estate Acquires Office Property In San Jose For $24.5M

3553 North 1st Street
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This Office property located in CA was sold for $24,500,000 over 1 year ago.

The office property located at 3553 N 1st Street in San Jose has been sold. The transaction took place on September 28, 2022.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: $24,500,000
  • Address: 3553 N 1st Street, San Jose
  • Market: San Jose
  • Acres: 6
  • Buyer: Alvarez & Marsal Capital Real Estate
  • Seller: Santa Clara Country Housing Authority

The buyer in this transaction is Alvarez & Marsal Capital Real Estate, and they were represented by their broker. The seller, on the other hand, is the Santa Clara Country Housing Authority. The property has a total square footage of 86,100, resulting in a price per square foot of $285.

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  • Location
    3553 North 1st Street, San Jose, California 95134, United States3553 North 1st Street, San Jose, California 95134, United States
  • Sale Price
    $24,500,000$24,500,000
    $284 PPSF$284 PPSF
  • Area
    86,100 SF86,100 SF
  • Asset Type
    OfficeOffice

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Deal Summary

SALE DATE: 09/28/2022 ADDRESS: 3553 N 1st Street MARKET: San Jose ASSET TYPE: Office ~ ACRES: 6 BUYER: Alvarez & Marsal Capital Real Estate SELLER: Santa Clara Country Housing Authority SALE PRICE: $24,500,000 SF: 86,100 ~ PPSF: $285

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