4850-Union-Ave-San-Jose-CA

Cushman & Wakefield Negotiates $9M Sale of Medical Office Building in San Jose, California

by Amy Works

SAN JOSE, CALIF. — Cushman & Wakefield has arranged the sale of a freestanding medical office building located at 4850 Union Ave. in San Jose. LGTC Group acquired the asset from 4850 Union Avenue LLC for $9 million.

LGTC Group, an outpatient mental health center, plans to occupy the two-story, 17,200-square-foot facility as its new clinic.

Erik Hallgrimson and Clarke Steele of Cushman & Wakefield represented the seller in the transaction.

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