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Westcore Properties Acquires Two-Building R&D Property in San Jose

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

San Diego-based Westcore Properties acquired Silicon Valley Research Center in San Jose from LBA for an undisclosed sum. The two R&D buildings total nearly 80,000 square feet.

Building one, at 1110 Ringwood Ct., contains 46,040-square-feet of shell-condition space. Building two, at 1120 Ringwood Ct., offers 32,552-square-feet of turnkey space. Both buildings were vacant at the time of purchase.

Westcore Properties’ Peter Mette says, “We see an opportunity to create value in this project; Silicon Valley continues to experience healthy tenant demand. We will commit substantial capital to further enhance the image and function of the property.”

CBRE’s Bob Steinbock and Scott Prosser represented LBA in the transaction. Westcore was self-represented.


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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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