North San Jose office park sells for almost $100 million

North San Jose office park sells for almost $100 million


 

A privately held New York City-based real estate investment firm has acquired a North San Jose office park.

According to county records, Westbrook Partners bought the 372,000-square-foot office park for $95 million from Brookfield Asset Management Inc., a publicly traded asset management company with headquarters in Toronto. That puts the per-square-foot price at $255.38.

Brookfield acquired the property in 2013 for $228.42 per square foot, or a total of $85 million.

The property’s address is listed as 3545 N. First St., is bounded by Rio Robles, Skyport Street and the Guadalupe River, and consists of seven one-story buildings. Tenants includ e F5 Networks Inc., Immersion Corp. and MKS Instruments.

 

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