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Chinese Tech Venture Claims Office Building in San Jose
Hangzhou Overseas Center Inc. purchased a two-story office building at 160 East Tasman Dr. in San Jose from LBA Realty for an undisclosed amount. The technology and business service company, which is backed by Hangzhou, China, plans to operate a comprehensive service platform named Q Bay Center that will feature an R&D service center and biotech lab space.
The 112,232-square-foot, Class B building was built 1990 in North San Jose, near Levi Stadium and along the light rail line.
Kidder Mathews’ Rico Cheung, Eric Bluestein, Jimmy Cacho, and Kyle Hipple represented the buyer in the transaction.
Hangzhou is the capital and most populous city of China’s Zhejiang Province. The facility will act as a window to promote the Chinese city, and to give companies in the region a greater global reach. As an American company, the goal of the center is to nurture international startups into successful American companies, and provide guidance on U.S. regulations and laws.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


