Legacy Partners Drops Sobrato-Oracle-BEA Tower Deal
August 19, 2008
Rumor is that Legacy couldn’t secure the financing it needed to acquire the Sobrato/Oracle/BEA Tower in downtown San Jose and has dropped its acquisition plans for the 388,000 square foot tower located at 488 N Almaden Blvd in Downtown San Jose.
DivcoWest which was rumored to be in the running for the building previously is again being [...]
Legacy Partners Buying Oracle/BEA/Sobrato Tower at 488 Almaden?
July 25, 2008
The Business Journal is reporting this morning that according to their sources, Legacy Partners is in fact that buyer of the Oracle/BEA/Sobrato tower located at 488 N Almaden Blvd in San Jose which Oracle (ORCL: 16.00 0.00%) acquired as part of the BEA acquisition. The Business Journal is reporting the sale at “nearly” $100M at about [...]
Read More >>Park Center Plaza Sold to BPG Properties
October 14, 2007
Divco West has finally sold the Park Center Plaza mixed-use complex in San Jose. The complex, which primarily consists of office space was sold to BPG Properties of Philadelphia for $169.5 Million.
The complex was acquired by Divco West through two transactions in 1998 and 1999 for approximately $110 Million.