SANTA CLARA COUNTY ACQUIRES FORMER MEDICAL CENTER FOR $24 MILLION

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SAN JOSE, CALIF. — Cassidy Turley BT Commercial has brokered the $24 million sale of the more than 13-acre former San Jose Medical Center property located at 725 E. Santa Clara St. in downtown San Jose. Purchasing the property from San Jose Hospital L.P., Santa Clara County will demolish approximately 300,000 square feet of existing medical buildings, while one 30,000-square-foot facility will be left to serve as an urgent-care clinic. Cassidy Turley BT Commercial’s Drew Arvay and Keith Claxton represented the seller in the transaction.

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