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Lane Partners Sells San Jose’s Orchard Commons for $105M

Menlo Park-based Lane Partners divested Orchard Commons to the State Board of Administration of Florida for $105 million. MetLife was reportedly the manager, as well as direct buyer of the six-building, 315,000-square-foot office campus in San Jose, CA,

The low-rise property was renovated in 2014 featuring modern upgrades, as well as common areas that include fire pits and lounge chairs. The property is located at 2688, 2702, 2708 and 2728 Orchard Parkway in north San Jose’s Orchard Parkway neighborhood.

Lane Partners acquired the asset in June of 2012 for more than $31 million. General Dynamics is a tenant at the campus in more than 80,000 square feet.

CBRE’s Rob Shannon, Bob Steinbock and Christian Marent are leading the leasing efforts on the property.

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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.

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