REBusinessOnline

PCCP, Lincoln Property Co. Buy 464,000 SF Office/R&D Complex in San Jose

ValleyTech-San-Jose-CA

Valley Technology Centre in San Jose, Calif., features seven buildings offering a total of 464,000 square feet of office and R&D space.

SAN JOSE, CALIF. — PCCP, in a joint venture with Lincoln Property Co., has acquired Valley Technology Centre, a seven-building office and R&D complex located on 26.4 acres in San Jose. MWest sold the property for an undisclosed price.

Built in 2000, the 464,000-square-foot property was 74 percent leased at the time of sale. The complex comprises seven two-story office and R&D facilitates with 18-foot clear height on the ground floors to accommodate roll-up doors and shipping/receiving requirements.

The properties are located at 2660, 2680, 2700, 2720, 2740 Zanker Road and 2585 and 2595 Junction Ave. in North San Jose.

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