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California  + Bay Area  + Office  | 

DivcoWest Snags $69M Bridge Loan for San Jose Asset

Connect Bay Area is coming up May 17th. Here is where to get more information and register.

San Francisco-based DivcoWest secured $68.7 million in bridge loan financing for [email protected] 1st, a 317,612-square-foot office/R&D campus in North San Jose’s Golden Triangle. JLL’s Capital Markets team of John Manning and Alex Witt arranged the loan though Deutsche Bank.

DivcoWest purchased [email protected] 1st earlier this year from a corporate user, and is in the process of repositioning the property for new tenancy. The campus is envisioned to appeal to a broad range of tenants seeking well-located, transit-oriented space in Silicon Valley. Built in 1997, the campus consists of three low-rise buildings with large, highly efficient office floorplates and lab/R&D space with above-market power capacity.

The property is situated adjacent to a Santa Clara Valley Transportation Authority light rail station, and is close to Mineta International Airport.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Financing