TMG, Alcion Buy North San Jose

By Jon Peterson San Francisco-based property landlord and developer TMG Partners and Boston-based investor Alcion Ventures LP, have acquired their third Bay Area property in the last seven months: 3055 Orchard Drive in North San Jose. The duo paid $16.2 million, or $145 a square foot, all cash for the 111,300-square-foot property, which is empty. […]