Second Quarter Silicon Valley Commercial Sales Activity
July 29, 2008
Given the state of the capital markets, it is not surprising to see that the assets which traded hands during the second quarter are far smaller in size than those traded this time last year. A combination of softening rents, dimmer outlook, and a brutal capital markets environment all contributed to the low transaction volume.
That said, a number of assets still traded, including the following properties:
|
Property |
City |
Buyer |
Size |
1200-1390 Villa Av |
Mtn. View |
Metzler Realty |
170,763 |
20 Great Oaks Blvd |
San Jose |
Great Oaks Water |
54,768 |
2585 Augustine Dr |
Santa Clara |
Arden Realty |
40,362 |
25 Corning Ave |
Milpitas |
Suresh Gandhi |
30,001 |
4966 El Camino |
Los Altos |
Jannett Beels |
26,000 |
921 E Arques Ave |
Sunnyvale |
C Reynolds |
18,820 |
1021 S Wolfe Road |
Sunnyvale |
YS Chen |
18,700 |
16040 Caputo Dr |
Morgan Hill |
J Barrios |
13,386 |
992 S De Anza Blvd |
San Jose |
Paulo Franca |
13,233 |
Similar Posts:
- Second Quarter Silicon Valley Office Space Leasing Activity
- Oracle/BEA Tower On The Market
- 120-Acre San Jose Flea Market Site Put Up For Sale
- Wachovia Issues Report on Commercial Real Estate
- Legacy Partners Drops Sobrato-Oracle-BEA Tower Deal
Categories:
Notable Deals
Tags: Arden Realty, Market Data, Metzler Realty, Milpitas, Mountain View, San Jose, Santa Clara
Tags: Arden Realty, Market Data, Metzler Realty, Milpitas, Mountain View, San Jose, Santa Clara
What about the Legacy deal of the Sobrato building, SKS/Shorenstien Deal in So. SF. and the DRA Advisors/Landmark Asset Management Group acqiuring the 20 Rreef assets?
well, friend….the SKS deal happened in the third quarter, and the DRA/RREEF and Legacy/Oracle deal haven’t even closed yet.