High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Bay Area  + Office  | 

North San Jose’s Orchard Corporate Center Sold for $48M

Orchard Corporate Center, a newly-constructed 101,374-square-foot Class A office/R&D campus in North San Jose, CA, traded hands for $47.8 million. Silicon Valley-based South Bay Development Company, which constructed the two-building campus in 2017, divested the property to an entity affiliated with San Francisco Prosperity.

Cushman & Wakefield’s Eric Fox, Adam Lasoff, Seth Siegel, Steve Hermann, and Ryan Venezia advised the seller. Cushman & Wakefield’s Nick Lazzarini and Kalil Jenab provided local market advisory, and also negotiated the leases with the current tenants. Both buildings were 100% leased at the time of sale.

Situated on 5.31 acres, the one and two-story buildings are located at 2755 and 2777 Orchard Pkwy. in the heart of San Jose’s North First Street Corridor.

Fox notes, “The property represents the first new construction project on Orchard Parkway in 17 years.”

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With South Bay Development CompanyConnect With Cushman & Wakefield’s Fox

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action