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Necessity Retail REIT Acquires San Jose Shopping Center

TMG Partners Adds 148K-SF to San Jose Office Portfolio

San Francisco-based TMG Partners acquired a pair of office assets in San Jose for an undisclosed price. The 148,000-square-foot property shares close proximity with tech titans Apple and Google.

The properties at 2460 and 2480 North First St. sit in the heart of the Golden Triangle, long recognized as one of the most desirable trade areas in Silicon Valley. It is home to some of the world’s most notable technology companies. Apple’s 43-acre North First Campus is located across the street.

TMG Partners’ Matt Field says, “As TMG continues investing in the San Jose market, this acquisition provides an excellent opportunity to participate in a quickly growing neighborhood of dynamic players.”

Cushman & Wakefield’s Steve Hermann and Eric Fox handled the listing and sale of the asset. TMG was self-represented.

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Connect with TMG Partners FieldConnect with Cushman & Wakefield’s Hermann

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.

  • ◦Sale/Acquisition